0
General

America Movil COO steps down from KPN board

Friday 27 November 2015 | 11:12 CET | News

FREE webinar by Telecompaper on the Trends and Developments in the Dutch Telecoms market 2019Q2. Thursday 26th September at 15:00. Register now!

KPN announced that Oscar van Hauske Solis, COO of America Movil, has stepped down from the KPN supervisory board with immediate effect. America Movil will limit itself to one seat on the KPN board since it designated its stake in KPN as an investment for sale, rather than a strategic holding. The Mexican operator's CFO, Carlos Garcia Moreno Elizondo will remain a member of KPN's board. After failing to acquire KPN in 2013, America Movil put its minority stake in the company up for sale earlier this year. In September, it issued bonds exchangeable into the KPN shares. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: America Movil / KPN
Countries: Netherlands
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

America Movil mulling sale of stake in KPN

Published 17 Nov 2017 14:26 CET | World
America Movil may consider selling its 21.4 percent stake in KPN after receiving interest from a number of parties, Reuters ...

America Movil considers sale of 21% KPN stake - report

Published 21 Apr 2016 14:20 CET | Netherlands
America Movil is considering the sale of its minority stake in Dutch operator KPN, people with knowledge of the matter told ...

AMX-topman Solis vertrekt uit RvC KPN

Published 27 Nov 2015 10:35 CET | Netherlands | Update: 27 Nov 2015 10:42 CET
KPN maakt bekend dat Oscar van Hauske Solís, COO en bestuurslid van América Móvil (AMX) per direct is teruggetreden uit de Raad ...

America Movil issues exchangeable bonds with KPN shares

Published 11 Sep 2015 09:03 CET | Netherlands
America Movil announced the completion of a placement of EUR 750 million in bonds exchangeable into shares of Dutch operator KPN. ...

KPN well-placed to remain independent - CEO

Published 30 Jul 2015 13:59 CET | Netherlands
KPN is in a good position to remain independent in the coming years, CEO Eelco Block told De Telegraaf following Q2 results from ...

America Movil reclassifies KPN stake as asset for sale

Published 17 Jul 2015 13:46 CET | Netherlands
America Movil has reclassified its stake in KPN as an "asset available for sale". Previously the around 21 percent stake was ...