Deutsche Telekom, Europe’s largest telecommunications company, has begun the process of selling its Dutch interest. According to a Bloomberg report, the company has already offered potential customers the mobile operator T-Mobile Netherlands, which the company pays at about 4.5 billion euros. The five interested parties, without exception, come from the financial investment sector.
During the initial sales process, Deutsche Telekom expects applicants this month to bid for the Dutch subsidiary, which has not found momentum in the saturated Dutch mobile market for years.
Operators, IT-sec faces, welcome! (x)HWSW free! meetup series, this time on July 7 with operators and on 13 with IT security topics.
Operators, IT-sec faces, welcome! (x) HWSW free! meetup series, this time on July 7 with operators and on 13 with IT security topics.
Deutsche Telekom had once tried to leave the Dutch telecoms market, soft talks were held with Liberty Global in 2015, but the US-owned company eventually preferred to form a joint venture with Vodafone, creating VodafoneZiggo, a joint venture between KPN and T-Mobile. In addition to the Netherlands, it is the third largest telecommunications company in the country.
The German interest subsequently merged with Tele2 in 2017, but was unable to break out of the third market position in the long run – the company had an estimated 4.6 million mobile customers in the fourth quarter of last year, while VodafoneZiggo had 5.1 million customers. second and KPN with 7.2 million subscribers.
The first rumors about this year’s sales plans came to light in February this year, when the local Financial Newspaper wrote about looking for German multi financial investors for the business.
Source: HWSW Informatikai Hírmagazin by www.hwsw.hu.
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