KPN acquires Tele2/Versatel Belgium for EUR 95 mln
KPN's wholly owned subsidiary KPN Mobile International has entered into an agreement with Versatel Telecom International and Versatel Nederland for the acquisition of Tele2 Belgium and Versatel Belgium for a consideration of EUR 95 million on a debt and cash-free basis. This acquisition will allow KPN's mobile subsidiary BASE to further expand its regional distribution reach in Belgium, while driving further revenue growth through cross-selling and up-selling opportunities, which will also include bundled p