KPN disposes of Ortel Mobile unit in Switzerland

KPN Teleecom Tower, Hague

Dutch telecommunications and ICT services provider Royal KPN NV (AMS:KPN) on Monday announced the sale of its Ortel Mobile Switzerland business to Treternity AG.

KPN did not say how much it got for the unit, which offers mobile services as a virtual network operator under the Ortel Mobile brand.

The disposal is part of the Dutch group’s strategy of aligning the focus of Ortel Mobile with its core markets, it said, adding it was exploring options for its other Ortel Mobile-branded operations.

The sale will have no impact on customers of Ortel Mobile Switzerland, the vendor added.

Apart from Switzerland, Ortel Mobile has offices in the Netherlands, Belgium, Germany, France and Spain, according to its website.

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