Den Haag, 31-10-12



KPN has agreed to sell part of its Dutch mobile towers portfolio to Protelindo, a large Indonesian owner and operator of towers for wireless communications. The sale will result in cash proceeds of EUR 75 million and a book gain of EUR 66 million.

In The Netherlands, mobile towers are generally used by multiple mobile operators. KPN does not consider the exploitation of a large part of its Dutch mobile towers to be a core business. Consequently, KPN previously disposed of mobile towers in the 2008-2012 period. Following the sale of the mobile towers, KPN leases back the space it requires for its network equipment.

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