Dutch fixed and mobile operator KPN Telecom (or Royal KPN) has struck a deal to sell part of its Dutch tower portfolio to Protelindo, an Indonesian firm which owns and operates towers for wireless communications. According to CellularNews, the sale could generate cash proceeds of EUR75 million (USD97 million) for KPN and allow it to book a one-time gain of EUR66 million.
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OVETEL KPN offloads mobile towers to Indonesia’s Protelindo
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