KPN sells former Telfort masts to NOVEC

11 Jul 2008

Dutch incumbent KPN has agreed to sell 101 telecom masts formerly owned by its Telfort subsidiary to broadcast infrastructure provider NOVEC for an undisclosed amount, Reuters reports. KPN acquired Telfort in late 2005 and has since been integrating its assets. Until recently the masts have been used by KPN and other operators for the provision of GSM, DCS and UMTS services. They could also be used to send digital TV, radio and other emerging technologies such as WiMAX. ‘After the integration of Telfort into the KPN network in 2007, these 101 masts have become redundant,’ KPN said in its statement. It is understood the masts generated revenues of USD2.5 million in 2007. NOVEC is a unit of the state-owned Dutch electricity grid operator TenneT.

Netherlands, KPN