Feeds

KPN confirms O2 pullout

No reason offered

Intelligent flash storage arrays

KPN has confirmed that it has withdrawn from talks with Deutsche Telekom regarding the acquisition of the German arm of mobile operator O2.

The company issued a statement today confirming recent speculation in the press that it has been approached by Deutsche Telekom about acquiring O2 Germany. However, it says the talks were of "a preliminary nature" and are no longer taking place.

The deal would have seen Deutsche Telekom and KPN buying the O2 business for around 160 pence per share, according to reports, valuing the company at around £14bn.

O2 executives are reported to have expressed concerns the deal would split the company along country lines, concerns that appear to have been confirmed by this statement.

The problem for Deutsche Telekom is that it already owns T-Mobile, and buying O2 in Germany could look anti-competitive. It needs a partner to pursue its O2 acquisition goals, and for a while it looked like KPN, which is trying to broaden its presence in the German market, had got the part.

KPN's statement goes on: "KPN remains confident that it can successfully execute its revised strategy in Germany."

Whether Deutsche Telekom will keep going after O2 without KPN is an open question.

Meanwhile, T-Mobile has signed an 18-month deal with Robbie Williams for mobile music offerings, tour activities and international advertising campaigns for subscribing fans.

The company said it would be offering Sony Ericsson devices with "embedded Robbie Williams content", if such a thing could be imagined. Read more about all that here if you feel the need. ®

Remote control for virtualized desktops

More from The Register

next story
Mighty Blighty broadbanders beg: Let us lay cable in BT's, er, ducts
Complain to Ofcom that telco has 'effective monopoly'
Download alert: Nearly ALL top 100 Android, iOS paid apps hacked
Attack of the Clones? Yeah, but much, much scarier – report
Broadband sellers in the UK are UP TO no good, says Which?
Speedy network claims only apply to 10% of customers
Virgin Media struck dumb by NATIONWIDE packet loss balls-up
Turning it off and on again fixes glitch 12 HOURS LATER
Yahoo! blames! MONSTER! email! OUTAGE! on! CUT! CABLE! bungle!
Weekend woe for BT as telco struggles to restore service
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Facebook, working on Facebook at Work, works on Facebook. At Work
You don't want your cat or drunk pics at the office
Soz, web devs: Google snatches its Wallet off the table
Killing off web service in 3 months... but app-happy bonkers are fine
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.