KPN http://www.globalpost.com/taxonomy/term/26452/all en UPDATE 1-AT&T mulls takeover in Europe -report http://www.globalpost.com/dispatch/news/thomson-reuters/130117/update-1-att-mulls-takeover-europe-report <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* KPN, Everything Everywhere on AT&amp;T's radar -WSJ</p> <p>* European takeover by AT&amp;T could offset weak growth -WSJ</p> <p>* Analyst skeptical of successful takeover</p> <p>* KPN shares up 3.5 pct, reach five-week high (Adds details, analyst quotes, share price)</p> <p>AMSTERDAM, Jan 17 (Reuters) - U.S. telecoms group AT&amp;T is looking at an acquisition in Europe, possibly of Dutch peer KPN or the UK's Everything Everywhere, to offset weak growth at home, the Wall Street Journal reported.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130117/update-1-att-mulls-takeover-europe-report" target="_blank">read more</a></p> BT Group KPN Social Issues Vodafone Thomson Reuters Thu, 17 Jan 2013 11:15:40 +0000 Thomson Reuters 5735518 at http://www.globalpost.com Dutch telecom KPN to issue 4 bn euros in shares after profit plunges http://www.globalpost.com/dispatch/news/afp/130205/dutch-telecom-kpn-issue-4-bn-euros-shares-after-profit-plunges <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Dutch telecoms operator KPN announced Tuesday it would undertake a 4-billion-euro rights offer after 2012 profits more than halved to 693 million euros ($935 million).</p> <p>With profits slashed 55 percent or 856 million euros year-on-year, the company said its share issue would "strengthen KPN’s balance sheet and is intended to provide a stable financial position in the coming years."</p> <p>"Adverse macro-economic conditions continued to weigh on consumer confidence and on the investment plans of our business customers," KPN chief executive officer Eelco Blok.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130205/dutch-telecom-kpn-issue-4-bn-euros-shares-after-profit-plunges" target="_blank">read more</a></p> Base Business Getronics KPN KPN Technology AFP Tue, 05 Feb 2013 09:30:29 +0000 Agence France-Presse 5746142 at http://www.globalpost.com Sweden's Tele2 exits Russian mobile market http://www.globalpost.com/dispatch/news/thomson-reuters/130327/swedens-tele2-exits-russian-mobile-market <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Simon Johnson and Megan Davies</p> <p>STOCKHOLM/MOSCOW (Reuters) - Nordic telecoms company Tele2 said on Wednesday it would sell its Russian operations to bank VTB Group in a $3.5 billion (2.3 billion pounds) deal that could ease competition in the market.</p> <p>Tele2 has been rumoured for some time to be considering a sale of the Russian unit as it does not have a 3G or 4G license in Russia and analysts have said that without the ability to offer data services, its growth prospects were limited.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130327/swedens-tele2-exits-russian-mobile-market" target="_blank">read more</a></p> Alfa Group Business Economy of Russia KPN MegaFon Social Issues Technology Tele2 Tele2 Television in Sweden Thomson Reuters Wed, 27 Mar 2013 18:45:43 +0000 Thomson Reuters 5795593 at http://www.globalpost.com KPN says no dividend until 2015 as profits slashed http://www.globalpost.com/dispatch/news/afp/130423/kpn-says-no-dividend-until-2015-profits-slashed <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Dutch telecoms operator KPN announced Tuesday a first quarter profit that was slashed by more than half, saying it would pay no dividend in 2013 or 2014 because of a three-billion-euro rights issue.</p> <p>First quarter net profit stood at 138 million euros ($180 million), down from 306 million euros for the same period last year, the company said in a statement.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130423/kpn-says-no-dividend-until-2015-profits-slashed" target="_blank">read more</a></p> Business Getronics KPN KPN Software Technology AFP Tue, 23 Apr 2013 07:45:52 +0000 Agence France-Presse 5822903 at http://www.globalpost.com Telefonica agrees to buy E-Plus from KPN in deal to create Germany's biggest mobile operator http://www.globalpost.com/dispatch/news/the-canadian-press/130723/telefonica-agrees-buy-e-plus-kpn-deal-create-germanys-bigges <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>BERLIN - Spain's Telefonica has agreed to buy German mobile unit E-Plus from Dutch telecommunications company Royal KPN NV for 5 billion euros ($6.58 billion) plus shares, a deal that would create Germany's biggest cellphone operator in terms of customers.</p> <p>The proposed deal announced Tuesday would bring together E-Plus, currently Germany's No. 3 operator with 23.4 million customers, with O2 — the fourth-biggest, which is already owned by Telefonica and has 19.3 million customers.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2013 Canadian Press.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/130723/telefonica-agrees-buy-e-plus-kpn-deal-create-germanys-bigges" target="_blank">read more</a></p> Business Economy of Spain KPN Technology Telecommunications in Germany The Canadian Press Tue, 23 Jul 2013 13:12:44 +0000 The Canadian Press 5890943 at http://www.globalpost.com KPN sells German mobile operator to Telefonica http://www.globalpost.com/dispatch/news/afp/130723/kpn-sells-german-mobile-operator-telefonica <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Dutch telecom operator KPN announced Tuesday it has sold its German subsidiary E-Plus to Spain's Telefonica for five billion euros in cash and a 17.6 percent stake in Telefonica Deutschland.</p> <p>The deal creates the biggest operator on the German market, as measured by subscribers, and puts an end to a long hostile effort by Mexico's America Movil to take over the KPN unit.</p> <p>Following approval from the authorities, the sale should allow for 5.5 billion euros in efficiencies on the German mobile communications market, KPN said in a statement.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130723/kpn-sells-german-mobile-operator-telefonica" target="_blank">read more</a></p> Economy of Spain KPN KPN Telefónica AFP Tue, 23 Jul 2013 13:59:55 +0000 Agence France-Presse 5891039 at http://www.globalpost.com KPN sells German mobile operator to Telefonica http://www.globalpost.com/dispatch/news/afp/130723/kpn-sells-german-mobile-operator-telefonica-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Dutch telecom operator KPN announced on Tuesday that it had sold its German subsidiary E-Plus to Spain's Telefonica for five billion euros in cash and a 17.6-percent stake in Telefonica Deutschland.</p> <p>The deal creates the biggest operator on the German market, as measured by subscribers, and ends a long effort by KPN to raise cash as it seeks to build up defences against a hostile takeover effort by Mexico's America Movil.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130723/kpn-sells-german-mobile-operator-telefonica-0" target="_blank">read more</a></p> América Móvil KPN Telefónica AFP Tue, 23 Jul 2013 14:32:14 +0000 Agence France-Presse 5891233 at http://www.globalpost.com KPN sells German mobile operator to Telefonica http://www.globalpost.com/dispatch/news/afp/130723/kpn-sells-german-mobile-operator-telefonica-1 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Dutch telecom operator KPN announced on Tuesday that it had sold its German subsidiary E-Plus to Spain's Telefonica for five billion euros in cash and a 17.6-percent stake in Telefonica Deutschland.</p> <p>The deal creates the biggest operator on the German market, as measured by subscribers, and should allow heavily indebted KPN to pay a share dividend in 2014.</p> <p>Following approval from the authorities, the sale should allow for 5.5 billion euros in efficiencies on the German mobile communications market, KPN said in a statement.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130723/kpn-sells-german-mobile-operator-telefonica-1" target="_blank">read more</a></p> BT Group Business E-Plus KPN AFP Tue, 23 Jul 2013 14:33:05 +0000 Agence France-Presse 5891244 at http://www.globalpost.com Telefonica to acquire German cellphone operator E-Plus http://www.globalpost.com/dispatch/news/agencia-efe/130723/telefonica-acquire-german-cellphone-operator-e-plus <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agencia EFE </div> </div> </div> <!--paging_filter--><p>Madrid, Jul 23 (EFE).- Telefonica plans to buy German cellphone operator E-Plus from Netherlands-based Royal KPN NV in a deal that values the target company at 8.1 billion euros ($10.7 billion), the Spanish telecom giant said Tuesday in a regulatory filing.</p> <p>Royal KPN is to receive 5 billion euros in cash - 4.14 billion euros from Telefonica and the rest from minority shareholders in German subsidiary Telefonica Deutschland - and a 17.6 percent stake in the expanded Telefonica Deutschland.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.efe.com" class="button wire efe"></a></p> <p><a href="http://www.globalpost.com/terms-use#efe"><span>Copyright EFE, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/agencia-efe/130723/telefonica-acquire-german-cellphone-operator-e-plus" target="_blank">read more</a></p> Business Economy of Spain KPN Social Issues Technology Telecommunications in Germany Telefonica Agencia EFE Tue, 23 Jul 2013 16:03:28 +0000 Agencia EFE 5891417 at http://www.globalpost.com Analysis: KPN deal small salve for America Movil losses in Europe http://www.globalpost.com/dispatch/news/thomson-reuters/130724/analysis-kpn-deal-small-salve-america-movil-losses-europe <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Elinor Comlay</p> <p>MEXICO CITY (Reuters) - Carlos Slim's phone giant America Movil could claw back some paper losses on its KPN stake through the sale of the Dutch company's German business to Telefonica but the move may raise fresh questions about the Mexican's long-term European plans.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130724/analysis-kpn-deal-small-salve-america-movil-losses-europe" target="_blank">read more</a></p> América Móvil America Movil BT Group KPN Thomson Reuters Thu, 25 Jul 2013 01:05:59 +0000 Thomson Reuters 5893026 at http://www.globalpost.com KPN shares gain on possibility of America Movil bid http://www.globalpost.com/dispatch/news/thomson-reuters/130729/kpn-shares-gain-possibility-america-movil-bid <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>BRUSSELS (Reuters) - KPN &lt;KPN.AS&gt; shares opened higher on Monday after the Dutch telecom group's main shareholder America Movil &lt;AMXL.MX&gt; terminated an agreement not to raise its shareholding to 30 percent, a level that would trigger a full takeover.</p> <p>The shares were up 4.1 percent at 0705 GMT and were among the strongest in the FTSEurofirst 300 index &lt;.FTEU3&gt; of leading European stocks.</p> <p>(Reporting By Philip Blenkinsop; editing by Robin Emmott)</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> Business KPN Thomson Reuters Mon, 29 Jul 2013 07:34:14 +0000 Thomson Reuters 5896479 at http://www.globalpost.com America Movil can up KPN stake after ending deal http://www.globalpost.com/dispatch/news/afp/130729/america-movil-can-kpn-stake-after-ending-deal <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Mexican telecoms operator America Movil has ended an agreement not to increase its stake in KPN to over 30 percent, after the Dutch operator said it was selling its German subsidiary, KPN said on Monday.</p> <p>"KPN has been notified by America Movil that it has terminated the relationship agreement dated 20 February 2013 with immediate effect," a statement said.</p> <p>The move comes after KPN announced last week that it was selling its German subsidiary E-Plus to Spain's Telefonica, a major competitor with America Movil in Latin America, for five billion euros ($6.6 billion).</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130729/america-movil-can-kpn-stake-after-ending-deal" target="_blank">read more</a></p> América Móvil Business KPN KPN Telefónica AFP Mon, 29 Jul 2013 09:02:08 +0000 Agence France-Presse 5896503 at http://www.globalpost.com America Movil ends co-operation with KPN, clearing way to raise stake in Dutch telecoms company http://www.globalpost.com/dispatch/news/the-canadian-press/130729/america-movil-ends-co-operation-kpn-clearing-way-raise-stake <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>THE HAGUE, Netherlands - Mexican telecoms company America Movil has cleared the way to raise its ownership stake in the Netherlands' Royal KPN NV by scrapping a co-operation agreement.</p> <p>America Movil owns just under 30 per cent of KPN stock and the two companies entered the co-operation agreement Feb. 20. It was meant to cut costs by joining forces in fields such as mobile roaming and included a "standstill" clause under which America Movil agreed not to raise its stake.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2013 Canadian Press.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/130729/america-movil-ends-co-operation-kpn-clearing-way-raise-stake" target="_blank">read more</a></p> Business E-Plus Germany KPN Social Issues The Canadian Press Mon, 29 Jul 2013 09:02:52 +0000 The Canadian Press 5896508 at http://www.globalpost.com America Movil reveals move to take over Dutch KPN http://www.globalpost.com/dispatch/news/afp/130809/america-movil-reveals-move-take-over-dutch-kpn <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Mexican telecoms operator America Movil announced on Friday that it had launched a takeover bid for Dutch operator KPN, valuing the company at 10.2 billiion euros ($13.6 billion).</p> <p>America Movil, owned by tycoon Carlos Slim, already has a 29.77-percent stake in the Dutch telecoms company.</p> <p>It has offered KPN 2.4 euros per share, the company said in a statement.</p> <p>The price of shares in KPN leapt by slightly more than 18.0 percent in initial trading. </p> <p>The Mexican operator launched the bid without waiting for the green light from KPN's management.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130809/america-movil-reveals-move-take-over-dutch-kpn" target="_blank">read more</a></p> América Móvil America Movil Business E-Plus KPN KPN AFP Fri, 09 Aug 2013 07:46:25 +0000 Agence France-Presse 5906074 at http://www.globalpost.com America Movil makes mega bid for Dutch KPN http://www.globalpost.com/dispatch/news/afp/130809/america-movil-makes-mega-bid-dutch-kpn <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Mexican telecom operator America Movil launched a bid for Dutch KPN on Friday, valuing it at 10.2 billion euros ($13.6 billion), putting KPN's intended sale of German subsidiary E-plus in question.</p> <p>The move for full control comes against a background of high-stakes manoeuvres and changes of scenery in the European mobile telecoms market.</p> <p>America Movil, owned by tycoon Carlos Slim, already has a 29.77-percent stake in the Dutch telecoms company after launching a hostile partial take-over in the summer of 2012.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130809/america-movil-makes-mega-bid-dutch-kpn" target="_blank">read more</a></p> América Móvil Business E-Plus KPN KPN AFP Fri, 09 Aug 2013 12:17:26 +0000 Agence France-Presse 5906208 at http://www.globalpost.com