Announced
Completed
Financials
Sources
Tags
Denmark
fiber network
Telecommunications Services: Other
Acquisition
Domestic
Private
Majority
Completed
Friendly
Single Bidder
Synopsis
KPN, a landline and mobile telecommunications company, completed the acquisition of Dutch fiber network from Primevest, an investment manager. Financial terms were not disclosed. "The acquisition of Primevest’s fiber network is a welcome addition to our existing fiber footprint, which totals 4m households. We’ve been making strong progress with our fiber roll out, which is at the heart of our strategy. In the next few years we will be fully focused to complete this project," Wouter Stammeijer, KPN Chief Technology & Digital Officer.
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