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Wireless

KPN declines Telefonica offer for E-Plus – report

Monday 4 June 2012 | 10:28 CET | News
KPN has declined an offer by Telefonica for its German subsidiary E-Plus, a person close to the company told Dow Jones Newswires. No information on the amount of the bid was given. An E-Plus spokesman refused to comment on the matter. A Telefonica spokesman said separately that the operator doesn't plan to bid for any part of KPN. The response followed a report from Dutch public broadcaster NOS that the Spanish telecoms company is in advanced talks about a possible purchase of E-Plus. Asked by Dow Jones to comment on the report, a Telefonica spokesman referred to a Bank of America Merrill

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Categories: Mobile & Wireless
Companies: E-Plus / KPN / Telefonica- Movistar
Countries: Germany
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