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Germany gets new mobile leader as Telefonica buys E-Plus

2013-07-23 02:00:00| Total Telecom industry news

KPN sells E-Plus but will take 17.6% stake in new German entity; Q2 figures show revenue, EBITDA decline.

Tags: mobile germany leader buys

 

Telefonica confirms talks to acquire E-Plus from KPN

2013-07-22 20:13:00| Telecompaper Headlines

(Telecompaper) Telefonica Deutschland has confirms market rumours regarding negotiations on a possible acquisition of KPN's German mobile operator E-Plus from KPN. KPN would only confirm that is in talks with an unnamed party. Details of a potential transaction are still being negotiated. The confirmation follows a report in the Financial Times citing two people close the negotiations. Those people claim that Telefonica will end up with a stake of more than 50 per cent in the combined entity, two of the people said. The deal is said to have the backing of Carlos Slim, KPN's largest shareholder, one of the people said. The transaction may be financed partly in equity and cash with Telefonica paying about EUR 6 billion, creating an enterprise value of around EUR 16 billion.

Tags: talks acquire confirms telefonica

 
 

KPN confirms E-Plus sale talks

2013-07-22 02:00:00| Total Telecom industry news

Dutch incumbent widely reported to be working on a deal with Telefonica that would create a merged German mobile operator worth 16 billion.

Tags: sale talks confirms kpn

 

ZTE to manage network for E-Plus in Germany

2013-07-08 14:26:00| Telecompaper Headlines

(Telecompaper) ZTE and German mobile network operator E-Plus Group are expanding their partnership to include managed services. As a result, ZTE will operate and maintain the E-Plus network in the future. Under the five-year contract, ZTE will be responsible for building, operating and maintaining the E-Plus network. The E-Plus Group will retain ownership over the network and maintain control over strategic network planning and development.

Tags: network germany manage zte

 

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