KPN sees strong interest for Belgian operation BASE
Friday, 10 August 2012 11:46
Reuters reports that KPN Telecom (or Royal KPN), the beleaguered Dutch telecom operator in the sights of Mexican billionaire Carlos Slim Helu, has attracted a number of interested bidders for the proposed sale of its Belgian fixed and mobile unit BASE, which could help it raise up to EUR1.7 billion (USD2.1 billion) – deemed crucial to cutting its debt.
(Source: TeleGeography. Read more....)