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20 February 2013
América Móvil, KPN’s largest shareholder, has agreed to support the Dutch telco’s bid to raise €4 billion in equity capital.
The Latam telecoms group said it will approve the bid
subject to the appointment of two individuals it designates to
KPN's supervisory board, among other conditions.
These will be put before a general meeting of
KPN has agreed to pay €610 million to acquire the remaining 40% of Reggefiber that it does not already own.
The Netherlands’ KPN has today announced the appointment of Frank van der Post as chief commercial officer at the company.
Capacity Europe day 1 – Dutch telco KPN has received approval from the Netherland’s Autoriteit Consument & Markt (ACM) regulatory body to acquire a further 9% of FTTH operator Reggefiber, bringing its total hold in the company to 60%.
The Netherlands’ KPN has launched what it claims to be the first push-to-talk (PTT) service in Europe, in partnership with Ericsson.
Mexico’s América Móvil, Spain’s Telefónica and Brazil’s Oi will place a joint bid for Brazilian mobile operator TIM Participações, and have confirmed plans to break it up, according to local reports.
Mexican conglomerate América Móvil has reported a drop of just under 40% in net profit for Q3 2014, compared to the same period last year.