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BASE Company Acquires 800MHz License - BASE Company, a fully owned subsidiary of Royal KPN N.V. (“KPN”), has acquired a 20 year 2x10MHz 800MHz license for a total consideration of EUR 120m - KPN.com / BASE.be
BASE Company Acquires 800MHz License

 

PRZOOM - /newswire/ - The Hague, Netherlands, 2013/11/13 - BASE Company, a fully owned subsidiary of Royal KPN N.V. (“KPN”), has acquired a 20 year 2x10MHz 800MHz license for a total consideration of EUR 120m - KPN.com / BASE.be.

   
 
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The acquired 800MHz spectrum enables BASE Company to provide high quality 4G services to its customers earlier and in a more cost efficient manner. BASE Company will accelerate its 4G network roll-out and aims to obtain nationwide coverage by the end of 2014.

On 1 October 2013, BASE Company launched 4G services via 1800MHz. Mobile internet over a 4G network provides customers ~10 times higher speeds than currently available over a 3G network. BASE Company’s mobile services will continue to be supported by its high quality 2G and 3G (Dual Carrier) networks.

KPN has published a position paper following the Belgian spectrum auction, concluded 12 November 2013, which is available on its website.

About KPN

KPN (kpn.com) is the leading telecommunications and IT service provider in The Netherlands, offering wireline and wireless telephony, internet and TV to consumers. KPN offers business customers complete telecommunications and IT solutions. KPN IT Solutions (previously known as Getronics) offers global IT services and is the Benelux market leader in the area of infrastructure and network related IT solutions. In Germany and Belgium, KPN pursues a multi-brand strategy in its mobile operations and holds number three market positions through E-Plus and BASE. KPN provides wholesale network services to third parties and operates an efficiënt IP-based infrastructure with global scale in international wholesale through iBasis.

 
 
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Agency / Source: KPN N.V.

 
 

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BASE Company Acquires 800MHz License

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KPN | 800MHz License
Contact: KPN Media Relations - KPN.com 
+31 70 446 63 00 press[.]kpn.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any KPN N.V. securities in any jurisdiction including any other companies listed or named in this release.

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