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

Thank you for visiting Telecompaper

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.


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: Actility / Cisco / KPN / RoutIT / Tecnocom / Telefonica Deutschland
Countries: Netherlands
::: add a comment
This article is part of dossier


Add comment

Please login or register to leave a 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.


KPN acquires rest of RoutIT

Published 04 Apr 2016 09:05 CET | Netherlands
KPN has acquired the rest of RoutIT. It first bought a 12.5 percent stake in the ICT services provider in 2012, with an option to ...

KPN to target growth in business market through IT services

Published 08 Mar 2016 15:21 CET | Netherlands
KPN has outlined its strategy for the enterprise market during its Capital Markets Day 2016. Based on the new group strategy of ...

KPN targets EUR 300 mln cost savings in new strategic plan

Published 07 Mar 2016 08:47 CET | Netherlands
KPN has unveiled its new strategic plan at its annual Capital Markets Day. The previous plan from 2011 was known as 'Simplify, ...

KPN lijft RoutIT volledig in, verkoop Jasper geeft boekwinst

Published 04 Mar 2016 09:58 CET | Netherlands
KPN lijft RoutIT volledig in. Dat bevestigt de onderneming aan Telecompaper. RoutIT is een wholesale clouddienstverlener voor het ...

Cisco to buy Jasper IoT platform for USD 1.4 bln

Published 04 Feb 2016 08:19 CET | World
Cisco has agreed to acquire Jasper Technologies, the US-based developer of a cloud-based platform for offering IoT services. ...

KPN sells 5% stake in Telefonica Deutschland for EUR 805 mln

Published 10 Nov 2015 13:17 CET | Netherlands
KPN has sold a 5 percent stake in Telefonica Deutschland to institutional investors for EUR 805 million. The 150 million shares ...

KPN to bring out KPN One in phases

Published 08 May 2013 09:33 CET | Netherlands
KPN will bring out its new One integrated offer in phases, beginning with support for a hosted telephone central, mobile, fixed ...

KPN takes minority stake in RoutIT

Published 14 Sep 2012 10:29 CET | Netherlands
KPN has taken a 12.5 percent minority stake percent in RoutIT, a provider of business telephony and ICT services. As its first ...