kpn

  • KPN Acquires Rest Of iBasis For $93.3 Million In Cash

    Dutch telecom group KPN has agreed to acquire the 44% of U.S.-based operator iBasis that it doesn’t already own for $3 a share, or $93.3 million in cash. A special committee of the iBasis board has approved the terms put forward a couple of weeks ago, and is urging company holders to accept KPN’s tender offer. Read More

  • KPN CEO says iPhone stinks, still wants to sell it

    Head of KPN, Ad Scheepbouwer, was recently interviewed by the Financial Times and this is what he had to say about the iPhone. “I had one and I thought it was a pretty useless phone, to be quite honest,” he told the Financial Times. “The battery ran out in no time. I didn’t like the touch screen. “We’d be more than happy to sell it,” he added. Read More