Saturday, 22 July 2017

KPN to exit Belgium as Telenet buys Base for €1.33bn

By Mary Lennighan, Total Telecom
Monday 20 April 15

Consolidation in Belgium as cable operator buys mobile business.

KPN on Monday agreed to sell its Belgian mobile operator Base to Telenet for €1.325 billion in cash. Liberty Global-owned Telenet said the deal will enable it to meet growing demand from customers for fixed and mobile services. Telenet is a cable operator but has built a presence in the mobile space with its mobile virtual network operator (MVNO) brands. "Through the acquisition of Base Company we have made a significant step to secure long…

KPN on Monday agreed to sell its Belgian mobile operator Base to Telenet for €1.325 billion in cash. Liberty Global-owned Telenet said the deal will enable it to meet growing demand from customers for fixed and mobile services. Telenet is a cable operator but has built a presence in the mobile space with its mobile virtual network operator (MVNO) brands. "Through the acquisition of Base Company we have made a significant step to secure long…

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