Telecoms news from Netherlands
KPN Quarterly Profits Fall by More than Half
Netherlands based KPN has announced that its first quarter profits more than halved as revenues also fell by nearly 9 percent. ...more.
Nokia Wins Court Injunction Against HTC
Nokia has won a court order in a Dutch court against HTC after it successfully argued that HTC's latest smartphone, the HTV One infringes on its designs. ...more.
KPN Sells Infrastructure Services Division
Indebted Dutch telco, KPN says that it has reached agreement to sell its Infrastructure Services & Projects ("S&P) business to SPIE Nederland for an undisclosed amount. ...more.
KPN Awards 5-Year Managed Services Agreement to Alcatel-Lucent
Netherlands based KPN has awarded a five-year managed services agreement to Alcatel-Lucent for the transformation of its landline network in the country. ...more.
America Movil Agrees to Support KPN's Plans to Raise Funds from Shareholders
Mexico's America Movil has announced that it is going to support the shareholder rights issue by Netherlands based KPN, but with conditions. ...more.
Shareholders Demanding KPN Board Shakeup Before Approving Rights Issue
KPN's plans to raise EUR 4 billion (US$5.4 billion) from shareholders in a rights issue may cost the company's CEO his job, if Mexico's Carlos Slim has his way. ...more.
TomTom Profits Boosted by One-Off Tax Gain
Digital navigation services vendor, TomTom has reported that its fourth-quarter revenues fell by 19 percent to EUR289 million, although net profits jumped to EUR99 million - from EUR 12 million a year ago. ...more.
Moody Confirms KPN's Debt Ratings with a Negative Outlook
The confirmation follows the release of KPN's financial results and outlook for 2013 as well as its plans to raise EUR4 billion through a fully underwritten rights issue in order to strengthen its financial profile. ...more.
KPN Posts Financial Loss - to Raise $5.4 Billion from Shareholders
Netherlands based KPN has posted a net loss for the fourth-quarter of last year, on lower revenues, and announced plans to raise EUR4 billion from its shareholders. ...more.
KPN Signs Wi-Fi Sharing Deal with Fon
Netherlands based KPN has partnered with Fon, the world's largest Wi-Fi network, to offer KPN customers access to Wi-Fi hotspots in the Netherlands and to over 7 million Wi-Fi hotspots abroad. ...more.
Dutch Railway Expands In-Train Wi-Fi Service
Arriva Netherlands, the Dutch rail operator, is completing a rollout of wireless internet on all its trains through specialist provider Nomad Digital. ...more.
KPN Debt Ratings Downgraded Following Radio Spectrum Auction
Fitch said that the downgrade has been triggered by KPN's purchase of frequency licences in the Dutch spectrum auction at a total cost of EUR1.35bn, almost EUR1bn higher than Fitch's expectations. ...more.
Dutch Networks Spend $5 Billion on New Radio Spectrum Licenses
Dutch mobile networks have paid EUR3.8 billion (US$5 billion) for blocks of radio spectrum in a lengthy auction carried out by the telecoms regulator. ...more.
KPN's Debt Ratings Put on Notice for Possible Downgrade
The debt ratings agency, Standard & Poor's has revised its outlook on Dutch telecom incumbent, KPN to negative, while affirming the current debt ratings. ...more.
Fitch Affirms KPN's Debt Ratings at 'BBB'; Outlook Negative
The affirmation is based on KPN's incumbent position in its domestic market and its focus on preserving cash flow generation while facing intense competition. ...more.
KPN Close to Selling German Tower Assets
Netherlands based KPN is said to be close to a deal to sell its German subsidiary's tower assets to USA based American Tower. ...more.
KPN Sells Part of its Dutch Towers Portfolio
Netherlands based KPN says that it has agreed to sell an unspecified number of its Dutch mobile towers to Protelindo, an Indonesia based owner and operator of towers for wireless communications. ...more.
KPN's weak results add downward rating pressure; outlook remains negative
Moody's Investors Service has today said that Netherlands based KPN's Q3 2012 results are weak, but broadly in line with Moody's expectations, as embedded in the negative outlook on the group's ratings. ...more.
Dutch Court Rules Samsung did not Infringe Apple Patent
A court in the Netherlands has ruled that Samsung did not infringe an Apple patent that covers some multi-touch functions found on Samsung's Galaxy smartphones and tablets. ...more.
Dutch cable operator Ziggo turn homes into public Wi-Fi hotspots
Alcatel-Lucent, and the Dutch cable operator Ziggo are conducting a trial of a technique to turn private homes into public Wi-Fi hotspots in order to provide wireless broadband access to Ziggo's customers. ...more.
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