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General

Deutsche Telekom showed interest in KPN - report

Sunday 18 January 2015 | 18:18 CET | News
Deutsche Telekom wanted to start a takeover bid for KPN last year, and may still yet revive the project as the German company looks to expand to neighbouring countries, Reuters reported, citing sources familiar with the matter. Deutsche Telekom actively explored the idea in the fall, the sources said. The project was then put on hold to concentrate on the sale of EE to BT. The sources believe that once the EE deal is closed, Deutsche Telekom may still revive the project, although no timetable could be given. The EE deal is expected to close by the end of the year.

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Categories: General
Companies: Deutsche Telekom / KPN
Countries: Germany / Netherlands
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