Liberty Global’s Telnet to buy KPN’s Base unit for $1.43 billion

April 20, 2015 7:16 AM

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AMSTERDAM (Reuters) – Cable company Liberty Global Plc said on Monday it would buy KPN’s Base mobile telephony subsidiary in Belgium for 1.325 billion euros ($.95 billion pounds) in cash.

Liberty said it would use the operation to expand the mobile business of its Telenet subsidiary in Belgium.

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