Member access

4-Traders Homepage  >  Shares  >  Euronext Amsterdam  >  KPN KON    KPN   NL0000009082

KPN KON (KPN)

133
Real-time Quote. Real-time TRADEGATE AG - 09/19 10:01:59 pm
2.4960 EUR   -0.04%
09/08 Telefonica Deutschland to raise $4.7 billion for E-Plus buy
09/02 KPN KON : Final approval for sale E-Plus
08/19 KPN KON : Invitation to KPN EGM
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

Tele2 Wins Dutch Government Contract For Fixed Telephony

04/18/2012 | 11:20am US/Eastern
Recommend:
0

Tele2 AB (TEL2-B.SK) said Wednesday it won a contract to provide fixed-line services to the Dutch state, marking an end to a months-long battle between the Swedish company and Dutch incumbent Royal KPN NV (>> KPN KON).

The contract is only worth an estimated total volume of EUR120 million with a minimum period of 3.5 years, but it is considered prestigious.

Tele2 will supply fixed telephony to more than 100 governmental organizations, including the seven government ministries, a large number of municipalities, district water boards, the University of Amsterdam and the Dutch High Court.

"We are very pleased with the news of the contract. The government is an important client for us. We are proud of the fact that we can provide fixed telephony to them in the coming years," Tele2's Dutch head Guenther Vogelpoel said.

In February, a Dutch commercial court ruled that KPN must retract a bid for the contract granted by the Dutch government, after a similar ruling by Dutch telecom regulator Opta.

The ruling was confirmed by a higher court this month.

Both companies had bid for the contract, but because KPN was late in informing its wholesale customers about a discount, Tele2 was unable to make a bid based on the lower KPN prices, the regulator ruled.

A KPN spokeswoman said the company has noticed the decision to award the contract.

-By Archibald Preuschat and Sven Grundberg, Dow Jones Newswires; +31 20 5715 218; archibald.preuschat@dowjones.com

Stocks mentioned in the article : KPN KON
Recommend :
0
React to this article
Latest news on KPN KON
09/08 Telefonica Deutschland to raise $4.7 billion for E-Plus buy
09/02 KPN KON : Final approval for sale E-Plus
08/19 KPN KON : Invitation to KPN EGM
08/09 KPN KON : Eelco Blok increases shareholding in KPN
08/07 Deutsche Telekom rejects Iliad bid, leaves door open to U.S. sale
07/30DJKPN 2Q Net Profit More Than Doubles
07/11 America Movil asset sale should be across the board - Slim
07/11 CARLOS SLIM : Slim
07/09 TELECITY : Appoints Hageman As Chief Financial Officer
07/06 KPN KON : Intended appointment of Thorsten Dirks as CEO of Telefónica Deutschlan..
Advertisement
Chart
Duration : Period :
KPN KON Technical Analysis Chart | KPN | NL0000009082 | 4-Traders
Income Statement Evolution
KPN KON : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF