Mexican telecom operator America Movil on Friday launched a bid for Dutch KPN, valuing it at 10.2 billion euros ($13.6 billion), putting KPN's intended sale of German subsidiary E-Plus in question.
Carlos Slim attends a meeting on broadband in Mexico City in March. Slim's America Movil announced on Friday that it had launched a takeover bid for Dutch operator KPN, valuing the company at 10.2 billion euros ($13.6 billion).
The move for full control comes against a background of high-stakes manoeuvres and changes of scenery in the European mobile telecoms market.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.