0
General

EC approves Telenet takeover of Base

Thursday 4 February 2016 | 12:11 CET | News
The European Commission has approved the sale of Belgian mobile operator Base by KPN to Telenet, the Belgian cable operator controlled by Liberty Global. The clearance takes account of concessions offered by Telenet to ensure competition from MVNOs on the Belgian market. Base is Belgium's smallest mobile operator, but served as a challenger on the market with its relatively low-price offers. Telenet is already the country's largest MVNO. "Without effective commitments, a merger of these two dynamic players would have significantly reduced competition, with a risk of higher prices and less

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: European Commission / Jim Mobile / KPN / Liberty Global / Mobile Vikings / Telenet
Countries: Belgium
::: 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

Transatel to help Medialaan with JIM Mobile, Mobile Vikings

Published 14 Oct 2016 10:30 CET | Belgium
MVNE Transatel will provide support for Medialaan when the Flemish broadcaster upgrades its JIM Mobile and Mobile Vikings mobile ...

Telenet completes Base takeover

Published 12 Feb 2016 09:14 CET | Belgium
Belgian cable operator Telenet said it's completed the takeover of mobile operator Base from KPN. This follows approval for the ...

Telenet meets FY outlook with 6% revenue growth

Published 10 Feb 2016 10:18 CET | Belgium
Belgian cable operator Telenet reported revenues for 2015 up 6 percent to EUR 1.81 billion. Adjusted EBITDA rose 5 percent to EUR ...

KPN to distribute Base proceeds to shareholders

Published 05 Feb 2016 11:05 CET | Netherlands
KPN confirmed it will pay out part of the proceeds of selling its Belgian unit Base as dividends. Following European Commission ...

Base results improve in Q4, loses customers

Published 03 Feb 2016 10:32 CET | Belgium
Belgian mobile operator Base reported revenues of EUR 240 million for the fourth quarter of 2015, up from EUR 180 million a year ...

Belgian regulator approves Mobile Vikings takeover

Published 29 Jan 2016 11:14 CET | Belgium
The Belgian Competition Authority has approved the takeover by Medialaan of MVNOs Mobile Vikings and Jim Mobile from mobile ...

EC set to approve Telenet takeover of Base - report

Published 21 Jan 2016 10:45 CET | Belgium
The European Commission is set to grant Telenet approval to acquire mobile operator Base from KPN after the company pledged to ...

Telenet passes 1 mln mobile customers

Published 19 Jan 2016 08:45 CET | Belgium
Belgian operator Telenet said it's passed the milestone of 1 million mobile customers. To mark the moment, the company is giving ...

Telenet, Lycamobile drive growth in Belgian MVNO market

Published 02 Dec 2015 08:55 CET | Belgium
Virtual operators accounted for over a fifth (22%) of Belgian mobile customers at the end of Q3 2015, according to the latest ...

Medialaan to buy Mobile Vikings

Published 20 Nov 2015 09:12 CET | Belgium
The broadcaster Medialaan has agreed to buy Belgian MVNO Mobile Vikings. The sale is part of cable operator Telenet's concessions ...

Liberty Global offers new concessions for Base takeover

Published 03 Nov 2015 09:00 CET | Belgium
Liberty Global has submitted new concessions to the European Commission in order to gain approval for its proposed takeover of ...

EC raises concerns about Liberty acquisition of Base

Published 06 Oct 2015 11:25 CET | Belgium
The European Commission has opened an investigation into the proposed acquisition of Base by Liberty Global, looking to see if it ...

Liberty Global files concessions in EC review of Base deal

Published 16 Sep 2015 12:00 CET | Belgium
Liberty Global has submitted proposals to the European Commission in its competition review of the cable operator's planned ...

Telenet buys Base for EUR 1.325 billion

Published 20 Apr 2015 08:33 CET | Belgium
Belgian cable operator Telenet has agreed to acquire the mobile operator Base from KPN for EUR 1.325 billion. The sale price is ...