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.
Telefónica Deutschland may have ruled out the sale of any more former E-Plus assets when it closed the sale of yourfone to Drillisch in January, but reports suggest that several mobile brands gained through the E-Plus acquisition could be dropped as the German operator completes the process of merging the two mobile network operators.
KPN said it expects core earnings to stabilise by the end of 2015 after the Netherlands-based operator recorded a decline in EBITDA that was below analyst expectations in the fourth quarter of 2014.
The fledgling LoRa Alliance is shoring up some significant backing, with the Dutch telco KPN promising to introduce LoRa devices later this year.
In this overview of 2014, we have focused on five key trends: fixed-mobile convergence and quad-play; mergers and acquisitions; "5G;" connected cars; and the resurgence of European device manufacturers. The reasons for focusing on these five areas and the news that shaped them are probably obvious to anyone who has been following the industry closely this year.
BASE Belgium plans to stop marketing fixed services on the Belgian market at the end of June 2015 because it believes it is no longer economically feasible to continue with the service.
Belgium-based mobile operator Mobistar has taken its first concrete steps towards resuming sales of fixed-line services with tests of its Internet and digital TV services on cable networks and the recruitment of its first external test users in the Charleroi borough.
Telefónica Deutschland has agreed to sell yourfone, the secondary brand launched by E-Plus in April 2012, to its mobile virtual network operator (MVNO) partner Drillisch, but stressed that it does not intend to sell any further customers after its merger with E-Plus.
Telefónica's net income and revenues fell in the first nine months as the Spanish operator continues its strategy of acquisition and sell-offs to focus on key European and Latin American markets.