KPN gets green light from NMa to acquire Reggefiber assets

16 Apr 2012

KPN has been given the nod by the Netherlands’ anti-monopoly office, the Nederlandse Mededingingsautoriteit (NMa), to acquire three fibre-optic broadband companies owned by Reggefiber, in which it already owns a 41% stake. However, the NMa has also said that the incumbent’s plans to purchase some other assets owned by Reggeborgh will require further investigation to ensure that it would not give KPN a too dominant position in the fibre-to-the-home (FTTH) segment.

The announcement comes only days after KPN abandoned plans to acquire domestic cable provider Caiway (CAIW) from Rabo Bouwfonds’ Communication Infrastructure Fund (CIF), citing the numerous objections raised by NMa as the reason. As reported by CommsUpdate, the NMa expressed concerns that KPN’s takeover of the firm would give it an unacceptably dominant position in the areas that CAIW operates in. The competition authority launched a further investigation into KPN’s proposed takeover of CAIW in August last year, after initial findings concluded the deal could seriously undermine competition in the cableco’s footprint.

Netherlands, KPN, KPN NetworkNL (formerly Reggefiber, part of KPN)