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KPN to book EUR 3.7 bln loss on E-Plus sale

2013-09-16 08:57:00| Telecompaper Headlines

(Telecompaper) KPN plans to take a book loss of EUR 3.7 billion on the sale of its German subsidiary E-Plus. The company said it reached agreement with the Dutch tax authorities on the amount of the loss. It will be able to offset the loss against future taxable profits, starting in 2014. KPN has agreed to sell E-Plus to Telefonica for EUR 5 billion plus a 17.6 percent stake in Telefonica Germany. The sale still requires shareholder approval.

Tags: book sale eur loss

 

KPN agrees 3.7bn tax deal on E-Plus sale

2013-09-16 02:00:00| Total Telecom industry news

Agreement with tax authorities will enable Dutch telco to lower its tax bill from 2014.

Tags: sale tax deal agrees

 
 

Dutch Government Issues Warning On Takeover Of Telecom Firm KPN By Mexican Billionaire Carlos Slim

2013-09-13 23:08:48| Telecom - Topix.net

Further complicating Mexican billionaire Carlos Slim' s ambition to expand his telecom empire from the Americas to the Old Continent, the Dutch government intervened Thursday in the ongoing saga which has resulted from Amrica Mvil's buyout offer of the Dutch telecom carrier Royal KPN NV , according to MarketWatch .

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KPN names Steven van Schilfgaarde interim CFO

2013-09-13 02:00:00| Total Telecom industry news

Exec was due to leave Dutch telco in October but postponed plan in wake of Eric Hageman's unexpected exit.

Tags: van names steven interim

 

Dutch govt seeks extra measures to safeguard public interest of KPN

2013-09-13 02:00:00| Total Telecom industry news

Economic affairs Minister says takeover by America Movil could have national security consequences.

Tags: public interest extra measures

 

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