Wednesday, April 25, 2012

KPN selects JPMorgan for BASE sale

Dutch incumbent KPN Telecom (or Royal KPN) has reportedly hired JPMorgan Chase & Co. To assist in the sale of its Belgian unit BASE, Dow Jones Newswires reports, citing a person familiar with the situation. As previously reported by CommsUpdate, earlier this month, KPN announced it was considering the sale of BASE in a deal that could generate up to EUR1.8 billion (USD2.3 billion) for the company


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OVETEL KPN selects JPMorgan for BASE sale

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