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General

Liberty Global, Altice eye bids for Base - report

Tuesday 24 March 2015 | 08:55 CET | News
Liberty Global and Altice have expressed interest in buying KPN's Belgian mobile operator Base, reports the Dutch paper De Telegraaf citing people familiar with the matter. Both are already active in Belgium, via the respective cable operators Telenet and Numericable. Bloomberg reported that the two cable companies are in talks with JP Morgan Chase, the bank hired by KPN to lead the sale process. KPN is reportedly seeking around EUR 1 billion for the company. The operator declined to comment on the reports. 

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Categories: General
Companies: Altice Europe / KPN / Liberty Global / Numericable / Telenet
Countries: Belgium
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