“KPN is continuously reviewing its alternatives in respect of executing its strategy. In this respect, KPN is conducting a comprehensive review of the strategic options in respect of its mobile operations in Belgium. At this stage, however, the outcome of this strategic review is not yet clear,” a company statement reveals.
Dutch incumbent KPN today confirmed it is reviewing its involvement in Belgium’s mobile market, but denies reaching any decisions on a sale of the business.
The operator confirmed it is examining strategic options for its BASE unit, but played the exercise down as being simply part of a program of continuous reviews for its divisions. KPN was responding to a Bloomberg report on April 13 that claimed the firm is considering selling BASE for up to €1.8 billion.