TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research and Innovation
  • Security
  • More Topics
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • |
  • About
  • Contact
  • |
  • Connect with us
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research & Innovation
  • Security
  • Connect with TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Telco & CSP

Telco & CSP

KPN to sell its international network to GTT Communications

Via KPN

Jul 8, 2019

Today, Royal KPN N.V. (“KPN”) announced that it has reached agreement to sell its international network to GTT Communications, Inc. (‘GTT’), a global cloud networking provider to multinational clients and operator of a Tier 1 IP network, for approximately € 50 million on a cash and debt-free basis (enterprise value). The transaction includes the sale of international fiber assets and network points of presence (POPs) in 21 countries.

The transaction is in line with KPN’s strategy to accelerate simplification of the company. The proceeds of the transaction will be retained to increase operational and financial flexibility. The transaction is subject to regular closing conditions, including regulatory approvals.

After closing of the transaction, KPN continues delivering international services to Dutch Business customers as part of its ICT-services offering. As part of the transaction, KPN will enter into a master services agreement with GTT to ensure continuity of international network services to its customers.

Related Topics
  • Announcement,
  • Europe,
  • KPN,
  • Telco & CSP,
  • Tracker

More Like This

Digital Platforms and Services

What’s up with… KPN, Cellnex, OneWeb

Mar 27, 2023

Access Evolution

Ooredoo Group confirms court ruled in favour of the national mobile telecommunications company

Mar 27, 2023

Digital Platforms and Services

Bangkok Bank joins AIS 5G to drive the digital economy

Mar 27, 2023

Digital Platforms and Services

Zain KSA announces financial results for 2022 with annual revenue of SAR 9.1bn

Mar 27, 2023

Digital Platforms and Services

KPN announces appointments for its board of management

Mar 27, 2023

This content extract was originally sourced from an external website (KPN) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

10:43

MWC23 interview: Mari-Noëlle Jégo-Laveissière, deputy CEO of Orange

12:45

MWC23 interview: Abdu Mudesir, Group CTO, Deutsche Telekom

9:26

MWC23 interview: Greg McCall, Chief Networks Officer, BT

TelecomTV
Company
  • About Us
  • Media Kit
  • Contact Us
Our Brands
  • DSP Leaders World Forum
  • Great Telco Debate
  • TelecomTV Events
Get In Touch
[email protected]
+44 (0) 207 448 1070
Connect With Us

  • Privacy
  • Cookies
  • Terms of Use
  • Legal Notices
  • Help

TelecomTV is produced by the team at Decisive Media.

© Decisive Media Limited 2023. All rights reserved. All brands and products are the trademarks of their respective holder(s).