Saturday, 10 December 2016

United Internet to buy Versatel for €586m

By Total Telecom staff
Wednesday 03 September 14

United Internet will gain full access to Germany’s second-largest fibre network through deal with KKR.

German ISP United Internet will become a network operator by taking control of business telecoms service provider Versatel in a €586 million deal, as it prepares for tough competition in the market. United Internet revealed today it has agreed to acquire the 74.9% of Versatel it does not already own from private equity company Kohlberg Kravis Roberts (KKR)…

German ISP United Internet will become a network operator by taking control of business telecoms service provider Versatel in a €586 million deal, as it prepares for tough competition in the market. United Internet revealed today it has agreed to acquire the 74.9% of Versatel it does not already own from private equity company Kohlberg Kravis Roberts (KKR)…

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