KPN has bought out IS Holding’s share in Dutch cloud company IS Group for an undisclosed fee.

The Netherlands-based operator becomes the company’s sole owner as it looks to turn around its underperforming enterprise business unit.

IS Group’s product portfolio includes shared and managed cloud computing, virtual desktop solutions and connectivity.

It had a turnover of €25 million in 2014 and employs around 130 staff.

KPN said the deal enabled it to expand its managed hosting capabilities and to complement its existing proposition with cloud-based workspace solutions for SMEs.

The operator’s enterprise business unit saw revenues fall seven percent in the first three months of the year.

KPN pinned the fall on a decreasing demand for traditional services and the fact that the total size of the business market was in decline.

The business unit saw sales decline over eight percent for the whole of 2014, although it said cloud and M2M demand was growing.

[Read more: Customer experience, cloud and big data to be telcos’ top investment priorities]

Frank van der Post, CCO of KPN: “Our business customers are increasingly asking for cloud-based services to support their growth.

“Together with IS Group we will be better able to service our customers in their transition to the cloud, with solutions that increase efficiency and flexibility, while allowing for rapid scalability.”

van der Post joined KPN in March after leaving British Airways where he was responsible for brand and customer experience.

More News

Iliad enters content game in France, finally launches Italian mobile business Iliad enters content game in France, finally launches Italian mobile business Iliad has acquired football rights in France and launched its opco in Italy as it looks to reboot after a disappointing set of financial results. More detail
Three UK appoints new CCO, CFO Three UK appoints new CCO, CFO The departure of Three UK's Chief Commercial Officer after just 18 months in the job has triggered a shake-up of the mobile operator's top team. More detail
TalkTalk to sell enterprise customer base to Daisy as it registers full-year loss TalkTalk to sell enterprise customer base to Daisy as it registers full-year loss TalkTalk has agreed to sell 80,000 business customers to rival Daisy Group in a £175 million deal. More detail
A1 Telekom Austria Group rebrand reaches Bulgaria A1 Telekom Austria Group rebrand reaches Bulgaria Bulgaria is the third A1 Telekom Austria Group opco to get rebranded as the telco looks to market itself as a provider of "advanced" IT, IoT, cloud and content services. More detail
Orange Business Services puts IoT to use on saving ships’ fuel costs Orange Business Services puts IoT to use on saving ships’ fuel costs Orange Business Services has expanded its work with Dobroflot by developing a customised IoT solution for the Russian fishing company. More detail
    

 

European Communications is now
Mobile Europe and European Communications

  

From June 2018, European Communications magazine 
has merged with its sister title Mobile Europe, into 
Mobile Europe and European Communications.

No more new content is being published on this site - 

for the latest news and features, please go to:
www.mobileeurope.co.uk 

 

@eurocomms