KPN's BASE Acquires Allo Telecom Store Chain from Belgium

AMSTERDAM -(Dow Jones)- Royal KPN Monday announced that its Belgian mobile operator BASE has acquired the store chain Allo Telecom.

The chain owns 51 stores with a strong presence in Wallonia, the Southern part of Belgium, and is also very active in targeting the SoHo and SME segments. As such, the acquisition of Allo Telecom represents a significant extension and strong improvement in BASE's distribution capabilities, especially outside Flanders.

Allo Telecom has 120 employees and will remain a separate entity, independent to BASE.

Company Website: http://www.kpn.com

(END) Dow Jones Newswires"

Posted to the site on 6th August 2007