KPN. BaseRSS

Lack of interest scuppers KPN’s Base sale

KPN is looking to streamline in the face of challenging market conditions

Dutch incumbent KPN has called off the sale of its Belgian subsidiary Base after failing to receive a high enough offer. The firm said Wednesday morning that the sale was discontinued because “current difficult market conditions are reflected in unsatisfactory non-binding offers for Base.” KPN announced plans to sell the operation in June. It is also looking to divest German operation E-Plus.

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