KPN buys fibre network
KPN has announced the acquisition of a fibre network covering some major urban centres, a move that will help accelerate growth of its already broad footprint.
KPN has announced the acquisition of a fibre network covering some major urban centres, a move that will help accelerate growth of its already broad footprint.
Netherlands-based operator KPN has bought integration and data management firm Itzos, which will now operate within KPN Health.
A group of five operators plus one towerco have joined forces to give budding young companies the ability to reach a worldwide audience.
KPN has secured a €1 billion credit facility that is linked to its own sustainability goals, a further sign that telcos are taking this stuff seriously.
Also in today’s EMEA regional round-up: T-Systems heads deeper into the Google Cloud; customer satisfaction (or not) in France; Telefónica Tech takes up with CrowdStrike.
Swedish buyout firm EQT and US counterpart Stonepeak finally made a joint offer for KPN, only for the Dutch incumbent to reject it out of hand.
KPN has been the subject of a number of takeover bids over the past few years, so Thursday’s report that there is yet another offer on the table, and a sizeable one at that, can come as little surprise.
Dutch operator group KPN’s healthy profit increase last quarter looks like a one-off, with revenue growth flat.
KPN is banking on network expansion, especially in fibre, to drive a return to growth next year.
Reports of a private equity firm wanting to buy a European incumbent can often be dismissed as far-fetched unless, as in the case of EQT’s alleged interest in KPN, those reports persist.
Following its announcement last April, KPN has moved ahead with plans to remove Huawei equipment from its core network.
Yet another telco has attracted interest from a private investor. This time around, buyout firm EQT is reportedly eyeing up Netherlands incumbent KPN.
The Dutch regulator has officially launched its 5G auction with KPN, Vodafone and T-Mobile fighting for valuable assets in the 700, 1400 and 2100 MHz spectrum bands.
Today has seen an avalanche of financials fall on the industry, as Orange, Proximus, Millicom, Ooredoo, Swisscom, Telenet and KPN all release earnings statements.
Having bailed on its new CEO within days of announcing her, Dutch operator KPN has taken the safe option with its next pick.
Dominique Leroy was due to switch from Proximus to KPN but now she’s CEO of neither following an investigation into insider trading.
Dominique Leroy has played Benelux musical chairs by moving from Belgian Proximus to become Dutch KPN’s new CEO.
Maximo Ibarra resigned at CEO of Dutch telco KP the day after a major network failure, but the company insists the two events are unrelated.
A consortium on European operators has got together with AT&T to activate LTE-M roaming across North America and Europe.
The Dutch operator announced that it has signed an agreement with Huawei to build the 5G radio network but will only select a western vendor for 5G core.