Vodafone NL to buy BelCompany for EUR 120 mln

Wednesday 23 March 2011 | 09:34 CET | News
Vodafone Netherlands said it intends to acquire telecom retailer BelCompany from the MacIntosh Retail Group for EUR 120 million, on a cash-free, debt-free basis. The acquisition will add 210 stores to Vodafone's current estate of 86. The transaction is subject to Dutch works council advice and competition authority approval. Vodafone said the takeover will help satisfy growing customer demand for personal advice prompted by the emergence of smartphones, apps, tablets and mobile internet. The rapid developments in the telephony market are pushing the need for face-to-face advice, and support

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.


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: Mobile & Wireless
Companies: BelCompany / Telefoonkopen.nl / Vodafone / VodafoneZiggo
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.


Vodafone NL to transform 20 BelCompany stores, keep brand

Published 13 Dec 2012 15:34 CET | Netherlands
Vodafone Netherlands will in the next 18 months outfit 20 BelCompany stores into Vodafone shops, while closing 24 stores. By ...

Vodafone gets clearance for BelCompany takeover

Published 19 Jul 2011 10:35 CET | Netherlands
Dutch competition regulator NMa has approved with conditions Vodafone Netherlands' takeover of the retail chain BelCompany from ...

Vodafone neemt BelCompany over voor 120 miljoen euro

Published 22 Mar 2011 18:15 CET | Netherlands
Vodafone Nederland kondigt de intentie aan om BelCompany, Nederlands grootste telecomretailer, over te nemen van de Macintosh ...