0
General

KPN Works Council concerned about takeover bid

Tuesday 13 August 2013 | 11:01 CET | News
KPN's Central Works Council (COR) said it was concerned about the possible takeover of KPN by America Movil. A spokesperson for COR said the Council was aware it had no say in the process at this stage. When the definite bid comes in, KPN will then ask COR for advice and its position on the matter. COR is concerned KPN employees and customers may be negatively affected by the possible takeover. The Council also stressed the importance of KPN for the Dutch fixed and mobile communication network and said that it will use whatever influence it has to ensure KPN remains an independent Dutch

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 / KPN / Telecompaper / YouTube
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

KPN takeover saga continues

Published 03 Sep 2013 13:36 CET | Netherlands
The Foundation Preferent Aandelen B KPN has executed its option to acquire 50 percent minus 1 of KPN's voting rights. The main ...

Dutch security chief to assess impact of KPN takeover

Published 02 Sep 2013 11:00 CET | Netherlands
IT's not clear yet whether the proposed sale of KPN to America Movil would have an impact on national security, according to the ...

Slim spokesman rejects higher bid for KPN

Published 02 Sep 2013 09:34 CET | Netherlands
America Movil will not increase its offer for KPN, according to Atruro Elis, the spokesman for America Movil owner Carlos Slim. ...

KPN foundation defends opposition to America Movil bid

Published 02 Sep 2013 08:49 CET | Netherlands
The 'poison pill' set up by the foundation blocking America Movil's takeover of KPN was created because the bid did not have ...

KPN foundation blocks America Movil bid

Published 30 Aug 2013 08:24 CET | Netherlands
A foundation set up to protect the interests of KPN has exercised a call option to take 50 percent minus one of the voting rights ...

KPN works council calls on govt to block takeover

Published 29 Aug 2013 13:54 CET | Netherlands
KPN's central works council (COR) has called on the government to block the proposed takeover of the Dutch operator by America ...

America Movil promises no major changes at KPN

Published 29 Aug 2013 10:21 CET | Netherlands
America Movil does not plan any drastic changes at KPN if it succeeds in its takeover bid for the Dutch operator, according to ...

Telekom Austria wants OIAG to remain largest shareholder

Published 29 Aug 2013 09:36 CET | Austria
The supervisory board of Telekom Austria fears that the government would lose its dominant position in the company if a potential ...

America Movil to meet Dutch minister, KPN unions

Published 27 Aug 2013 09:25 CET | Netherlands
America Movil executives will meet the Dutch Minister for Economic Affairs Henk Kamp and union representatives from KPN on 28 ...

What can America Movil do with KPN Netherlands and Base?

Published 26 Aug 2013 14:59 CET | Europe
KPN, Telefonica and America Movil have agreed to a higher price for KPN's German subsidiary E-Plus. In addition to EUR 5 billion ...

KPN to negotiate minority rights with America Movil - report

Published 22 Aug 2013 10:22 CET | Netherlands
KPN is in talks with America Movil over guarantees for minority shareholders if the latter's bid for control of the Dutch ...

Investors bet on successful America Movil bid for KPN

Published 21 Aug 2013 15:20 CET | Netherlands
KPN's share price has remained below the bid value announced by America Movil ahead of the expected launch of the offer in ...

America Movil secures funds, submits KPN bid for approval

Published 21 Aug 2013 09:10 CET | Netherlands
America Movil announced it has secured the necessary funds to fully finance its proposed takeover of Dutch operator KPN. America ...

Dutch SP calls for KPN foundation to halt AMX takeover

Published 16 Aug 2013 11:17 CET | Netherlands
SP MP Arnold Merkies has asks KPN's Preference Shares B Foundation to prevent the incumbent's takeover by Mexican telecom group ...

KPN Foundation wants more clarity from America Movil

Published 14 Aug 2013 10:20 CET | Netherlands
The KPN Foundation said it has concerns America Mobile is not being clear about its USD 9.6 billion offer, Bloomberg reported. ...

COR KPN: bezorgdheid over gevolgen overname voor werknemers

Published 12 Aug 2013 11:38 CET | Netherlands
De Centrale Ondernemingsraad (COR) van KPN laat weten zich zorgen te maken over een mogelijke overname van het telecomconcern ...

America Movil targets German market with KPN bid

Published 12 Aug 2013 11:36 CET | Germany
America Movil (AMX) has suprised the market with an unsolicited takeover bid for KPN. It's offering EUR 2.40 per share, and the ...

America Movil sees potential for KPN on Dutch market

Published 12 Aug 2013 10:28 CET | Netherlands
America Movil sees great potential for KPN on the Dutch market but has, as yet, taken no position regarding the future of E-Plus, ...

KPN to continue with E-Plus sale

Published 12 Aug 2013 10:12 CET | Germany
KPN is not planning to halt or pause the sale of its German E-Plus unit to Telefonica, De Telegraaf reported. Mexico's America ...

Unions ask KPN for more clarity regarding America Movil bid

Published 12 Aug 2013 09:20 CET | Netherlands
Dutch unions asked for more clarity about the possible consequences should America Movil succeed in its bid for KPN, ...

Blok reassures employees after America Movil bid

Published 12 Aug 2013 09:12 CET | Netherlands
KPN CEO Eelco Blok said in a video message on YouTube that KPN employees need not worry about the takeover bid put forth by ...

America Movil to launch takeover bid for KPN

Published 09 Aug 2013 08:31 CET | Netherlands
America Movil has announced plans to launch a full takeover bid for KPN. It already holds 29.77 percent of the Dutch operator and ...