0
General

KPN CEO says takeover not on the horizon

Monday 16 February 2015 | 10:23 CET | News
KPN CEO Eelco Blok said he does not expect the Dutch operator to be acquired in the near term. Since the failed takeover by America Movil in 2013, KPN has become stronger, and if a new bidder emerged, the company would be in a much better negotiating position, Blok said in a interview with the paper De Telegraaf. KPN has significantly reduced its debt thanks to a rights issue and the sale of its German unit E-Plus. It's also strengthened its position on the Dutch market with the buy-out of its FTTH joint venture Reggefiber. Blok said he expects cross-border mergers and acquisitions in the EU

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.

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 / E-Plus / KPN / Reggefiber / UPC / Ziggo
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 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 ...

Hazewindus to succeed Offerhaus as CEO of iBasis

Published 17 Dec 2015 09:44 CET | World
iBasis, a KPN company, appointed Feddo Hazewindus to the position of CEO. Effective 1 January 2016, Hazewindus will succeed ...

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 to issue bonds exchangeable for KPN shares

Published 20 May 2015 10:51 CET | Netherlands
America Movil announced plans to issue bonds exchangeable into KPN shares. The offering is expected to raise EUR 2.25 billion, ...

KPN: wil Tele2, Iliad of Altice een miljard betalen voor Base?

Published 04 Mar 2015 12:23 CET | Belgium
KPN heeft Base in de etalage gezet, aldus Bloomberg. KPN was er eerder in 2012 mee bezig, maar kon toen niet de gewenste ...

KPN-CEO Blok: we worden voorlopig niet zomaar overgenomen

Published 13 Feb 2015 14:27 CET | Netherlands
KPN-CEO Eelco Blok verwacht niet dat de Nederlandse operator op korte termijn wordt overgenomen. Sinds de mislukte overnamepoging ...

KPN Q4: results still weak

Published 09 Feb 2015 13:08 CET | Netherlands
KPN continues to suffer from negative growth, low margins and high debt. Its latest quarterly results show some recovery, but ...

KPN may devote EUR 1 bln to debt reduction - CEO

Published 06 Feb 2015 10:56 CET | Netherlands
KPN may reduce its debt by around EUR 1 billion in June, CEO Eelco Blok said in an interview with De Telegraaf. The amount is ...

KPN revenues stabilise in Q4, further cost cuts planned

Published 04 Feb 2015 08:41 CET | Netherlands
KPN reported fourth-quarter revenues flat at EUR 2.07 billion. One-time income including a tax credit of EUR 44 million offset a ...





Calendar   /   Industry Events

12 Aug Tecnotree H1 2020
12 Aug Freenet Q2 2020
12 Aug Tencent Q2 2020
12 Aug Cisco fiscal Q4
12 Aug China Unicom Q2 2020
13 Aug iQiyi Q2 2020
13 Aug 1&1 Drillisch Q2 2020
13 Aug Teleste Q2 2020
13 Aug RTL Group Q2 2020
13 Aug Teleste Q2 2020
13 Aug China Mobile H1 2020
13 Aug United Internet H1 2020
13 Aug Singtel fiscal Q1
13 Aug Deutsche Telekom Q2 2020
13 Aug Swisscom Q2 2020
13 Aug Telstra FY results
14 Aug TDC Q2 results
14 Aug Rovio H1 2020
17 Aug Bezeq Q2 2020
17 Aug Cellcom Q2 2020
18 Aug Ice Group Q2 results
18 Aug Partner Communications Q2 2020
18 Aug ON Semiconductor strategy update
19 Aug MTS Q2 2020
19 Aug Analog Devices fiscal Q3
::: More Calendar Items