Dutch telecommunications firm KPN has made a major transfer to strengthen its model portfolio by buying the Dutch operations of Youfone. With Youfone already working on KPN’s networks and experiencing speedy development, this acquisition goals to solidify KPN’s place within the cellular and broadband markets, significantly within the fast-growing no-frills segments, stated KPN.
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Diversifying Choices with Youfone
Youfone, recognized for its distinctive model and aggressive choices, will now be part of KPN’s current lineup of manufacturers, together with XS4ALL, Solcon, and Simyo. By including Youfone to its portfolio, KPN goals to diversify its choices and faucet into new market alternatives.
Continued Progress Prospects
The acquisition comes as KPN and Youfone foresee continued development within the coming years by leveraging the environment friendly enterprise mannequin that Youfone has efficiently established.
In line with the assertion, this mannequin has resonated nicely with prospects, as over 540,000 Youfone customers at the moment take pleasure in the advantages of the perfect cellular and stuck networks within the Netherlands. The acquisition will make sure that these prospects can proceed to be served in the identical trusted method.
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Youfone Continues Independently
Importantly, KPN intends to take care of Youfone as an unbiased entity inside its operations to make sure a seamless transition and uninterrupted service for current and future Youfone prospects, permitting them to proceed utilizing the service in the identical acquainted manner.
The acquisition, valued at roughly 200 million euros, is topic to the customary closing circumstances, together with approval from the related regulatory authorities.
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Youfone is an MVNO supplier of SIM-only and stuck broadband, TV providers within the Netherlands. It initially entered the Dutch shopper market in 2008 and expanded to incorporate Youfone Belgium in 2021.
