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General

KPN buys rest of RoutIT

Friday 4 March 2016 | 12:12 CET | News
KPN has acquired the rest of RoutIT, the company confirmed to Telecompaper. RoutIT is a wholesale cloud services provider for the SME market. It works with KPN since 2012 on hosted telephony, mobile and cloud services, offering joint products through the reseller channel, such as the offer KPN One. KPN acquired a stake of 12.5 percent in RoutIT in 2012 with an option to buy the rest. KPN said exercising the option at the start of this year underlines the success of the cooperation. The transaction should be completed soon. The company, known formally as GroupIT, was already consolidated so

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Categories: General
Companies: Actility / Cisco / KPN / RoutIT / Tecnocom / Telefonica Deutschland
Countries: Netherlands
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