KPN revealed that Oscar von Hauske Solís, COO and board member of América Móvil, is to leave its supervisory board as part of the Mexican company's plan to sell its stake in the Netherlands-based operator.
Telenet, the Belgian cable operator owned by Liberty Global, said it has conditionally agreed to sell customers served by branded reseller JIM Mobile and the Mobile Vikings MVNO as part of concessions to secure European Union approval of its planned acquisition of Base Belgium.
At least five private equity firms including Warburg Pincus, Apax and CVC are said to be interested in bidding for Deutsche Telekom's T-Mobile Netherlands business, Reuters reported.
Mobistar said it returned to revenue growth in the third quarter of 2015 after reaping the benefits of a transformation programme earlier than initially expected.
It has been widely speculated this week that Deutsche Telekom is considering selling its mobile unit in the Netherlands in a deal that could be worth almost €5 billion ($5.7 billion). Although not confirmed, one reason for a potential sale would likely be that T-Mobile Netherlands is one of the few pure-play mobile operators in the German company's portfolio.
The European Commission (EC) said it has opened an in-depth investigation to assess whether the proposed acquisition of KPN-owned Base Belgium by Liberty Global would harm competition.
Tele2 said telecoms veteran James Maclaurin will be appointed as its interim CFO from Oct. 1 while the company continues its search for a successor to Alison Kirkby, who has moved up to become group president and CEO.
Altice, the cable and mobile telecoms group controlled by billionaire Patrick Drahi, told a Dutch newspaper over the weekend that it has "no interest" in buying the 21 per cent stake held in KPN by America Movil.
KPN said it has agreed to sell its Belgian mobile unit BASE to Liberty Global's Telenet for €1.325 billion ($1.43 billion) in cash, noting that the move would create a new fixed and mobile player in Belgium.
Dutch operator KPN is waving goodbye to its youth-focused brand Hi from May 1, saying that the advent of 4G services means there is a growing lack of differentiation between the needs of Hi and KPN customers.