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KPN Koninklijke KPN NV

3.786
0.029 (0.77%)
Last Updated: 13:08:17
Delayed by 15 minutes
Share Name Share Symbol Market Type
Koninklijke KPN NV EU:KPN Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.029 0.77% 3.786 3.784 3.786 3.788 3.743 3.771 3,556,114 13:08:17

Nokia Siemens Networks to Build LTE Network for E-Plus

26/02/2013 2:47pm

Dow Jones News


Koninklijke KPN NV (EU:KPN)
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By Archibald Preuschat

Mobile carrier E-Plus has tasked Nokia Siemens Networks, a joint venture between Nokia Corp. (NOK) and Siemens AG (SI), to build its fast, LTE network, NSN said Tuesday at the Mobile World Congress in Barcelona.

NSN will also expand E-Plus's existing 3G, or third generation, network. E-Plus is the mobile carrier owned by Netherlands' telecom company Royal KPN NV (KPN.AE).

E-Plus Chief Executive Thorsten Dirks recently said the carrier plans to expand its LTE network this year, as rivals such as Deutsche Telekom AG (DTE.XE) and Vodafone Group PLC (VOD) move further ahead in offering the service. Competitor Telefonica Deutschland, with its mobile carrier O2, also offers LTE network access in some urban areas, and said Monday it would expand the network in the first half of the year.

Write to Archibald Preuschat at archibald.preuschat@dowjones.com

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