KPN

Dutch operator KPN struck a deal to buy the local operations of MVNO and broadband provider Youfone for €200 million, a move it expects to improve its position in the value segment.

European operator KPN detailed management changes which involved the resignation of chief consumer market officer Jean-Pascal van Overbeke (pictured) and chief technology and digital officer (CTDO) Babak Fouladi, both set to depart in May 2023.

Dutch operator KPN made a move to bolster its digital healthcare division with the acquisition of data management company Itzos, a tie-up designed to benefit patients and healthcare professionals through data connectivity.

LIVE FROM MWL UNWRAPPED: Jacob Groote, EVP innovation and partnerships at Dutch operator KPN (pictured), pointed to the need for specific conversations with enterprise players over their requirements to push smart manufacturing forward.

Private equity companies EQT and Stonepeak Infrastructure Partners abandoned attempts to takeover Dutch operator KPN after it rebuffed an approach they made earlier this year, business newspaper Het Financieele Dagblad (FD) reported.

Dutch operator KPN turned down two separate unsolicited acquisition approaches from investment companies, stating neither added value to its growth strategy.

Rumours resurfaced about a potential buyout of Dutch telecoms giant KPN, with a pair of private equity companies reportedly teaming up to start work on a bid valuing the operator at more than $15 billion.