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America Movil shares down sharply on plan to buy out KPN

2013-08-09 02:00:00| Total Telecom industry news

Dutch incumbent would be 'difficult acquisition for America Movil to digest', Banco Santander says.

Tags: out buy plan america

 

America Movil ends co-operation with KPN, clearing way to raise stake in Dutch telecoms company

2013-07-29 12:30:05| Telecom - Topix.net

Royal KPN NV says America Movil has ended a co-operation agreement, a move that clears the way for the Mexican company to raise its stake in the Netherlands' largest telecom company.

Tags: company america ends raise

 
 

America Movil ends relationship agreement with KPN

2013-07-29 09:08:00| Telecompaper Headlines

(Telecompaper) Dutch operator KPN announced that it has been informed by its shareholder America Movil that it has terminated their relationship agreement signed in February with immediate effect. America Movil confirmed the decision in a statement, without providing further details. In addition to governance issues, the agreement included a standstill providing that AMX would not increase its shareholding to 30 percent of more, the trigger for a full takeover bid of KPN. AMX will continue to have two seats on KPN's supervisory board as long as it holds 20 percent in the Dutch company. The announcement follows reports that AMX is questioning KPN's planned sale of its German operator E-Plus, as the price may be too low. The Mexican company acquired its almost 30 eprcent stake inKPN ast year for around EUR 8 per share, but KPN's share price has since fallen to less than EUR 2.

Tags: agreement america relationship ends

 

America Movil ends deal to cap KPN shareholding

2013-07-29 02:00:00| Total Telecom industry news

Dutch incumbent's E-Plus sale triggers clause allowing America Movil to end partnership agreement.

Tags: america deal ends cap

 

KPN adds 0.2 million IPTV subscriber in 1H 2013

2013-07-23 18:58:29| Digital TV News

KPN has published its 2013 half year results. KPNs IPTV proposition resulted in another quarter of strong IPTV net adds (82k) leading to a TV market share of 24%, an increase of 5%-points y-on-y. ARPU per customer increased by 7.7% y-on-y to EUR 42 in Q2 2013.

Tags: million adds subscriber iptv

 

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