24 Oct 2008
The Netherlands’ largest telecoms company KPN has struck a deal with debitel of Germany to acquire the latter’s Dutch operations for an undisclosed fee. The acquisition of debitel Nederlands’ approximately 530,000 mobile base, of which 300,000 are on monthly contracts, follows KPN’s buyout of Telfort in 2005 and strengthens still further its position in the domestic mobile market. debitel Nederlands is the leading MVNO by subscribers and reported revenues of EUR247 million (USD317 million) in 2007. The sale however, is subject to approval from the Dutch competition watchdog NMa.