KPN to buy control of Reggefiber

Wednesday 9 November 2011 | 09:33 CET | News
KPN intends to buy the four fibre service providers currently owned by Reggefiber and Reggeborgh as well as Reggefiber's wholesale operator. The operator has also introduced an amendment to the Reggefiber joint venture with Reggeborgh that will shift ultimate control to KPN. The move is part of KPN's "Strengthen – Simplify – Grow" strategy and will help further its goal of having a broadband market share of at least 45 percent by 2015. The acquisitions still need regulatory clearance. The operator will take over Edutel, XMS and Concepts ICT from Reggeborgh, and Lijbrandt from Reggefiber.

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Categories: Fixed / Internet
Companies: KPN / Reggefiber
Countries: Netherlands
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