Telecoms news from Netherlands
Netherlands based KPN has announced that its first quarter profits more than halved as revenues also fell by nearly 9 percent. ...more.
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.
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.
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.
Mexico's America Movil has announced that it is going to support the shareholder rights issue by Netherlands based KPN, but with conditions. ...more.
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.
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.
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.
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.
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.
Arriva Netherlands, the Dutch rail operator, is completing a rollout of wireless internet on all its trains through specialist provider Nomad Digital. ...more.
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 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.
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.
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.
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.
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.
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.
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.
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.