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.
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.