Daily Archives: June 23, 2023

This week, KPN announced its acquisition of local Mobile Virtual Network Operator (MVNO) Youfone for approximately €200 million. With around 540,000 customers, Youfone is the third-largest MVNO in the Netherlands, and 10% of its base are fixed broadband subscribers. As Youfone already provides mobile services using KPN’s network, the transition should be fairly smooth, and…

TIM has been seeking offers for its Enterprise business, as the company’s board of directors evaluates the latest bids submitted for its networks unit. The Italian telecom giant initiated the process of seeking potential investors for its Enterprise unit, which was deemed a candidate for mergers and acquisitions under the restructuring plan presented last year.…