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February 11, 2016 12:03 AM ET

Wireless Telecommunication Services

Company Overview of T-Mobile Netherlands B.V.

Company Overview

T-Mobile Netherlands B.V. provides wireless communication services. It offers multimedia messaging, voice mail, Internet access, and short messaging services. T-Mobile Netherlands B.V. was formerly known as Ben. The company was founded in 1998 and is based in The Hague, the Netherlands. T-Mobile Netherlands B.V. operates as a subsidiary of T-Mobile Netherlands Holding B.V.

Waldorpstraat 60

The Hague,  2521 CC

Netherlands

Founded in 1998

Phone:

31 61 409 5000

Fax:

31 61 409 5024

Key Executives for T-Mobile Netherlands B.V.

Chief Executive Officer
Managing Director and Former Chief Executive Officer
Age: 52
Chief Financial Officer
Chief Technology Information Officer
Director of Corporate Communications
Compensation as of Fiscal Year 2015.

T-Mobile Netherlands B.V. Key Developments

DTE Waits On T-Mobile NL sale

Deutsche Telekom AG (DB:DTE) has halted its plans to sell T-Mobile Netherlands B.V., while it considers other possible scenarios, Dutch paper De Telegraaf reported. An unnamed source said the German operator could maintain a minority stake in the Dutch subsidiary or agree an earn-out with potential buyers. The deadline for indicative bids for T-Mobile expired earlier this month, and according to the paper's sources, Liberty Global plc (NasdaqGS:LBTY.A) did not make an offer. Warburg Pincus is considered a possible bidder. None of the companies involved would comment.

PE Firms Join The Race To Acquire T-Mobile Netherlands

T-Mobile Netherlands B.V. has attracted interest from Apax Partners LLP and CVC Capital Partners Limited, which are putting the finishing touches to their rival bids, sources familiar with the matter told Reuters. Deutsche Telekom AG (DB:DTE) has put T-Mobile Netherlands up for sale which could be worth up to €3 billion and is being sold in an auction process led by Credit Suisse, the report said. The bidders have been asked to submit indicative offers by November 16, 2015. Bain Capital and Providence Capital are also expected to enter the race, according to the unnamed sources. Iliad SA (ENXTPA:ILD) and Liberty Global plc (NasdaqGS:LBTY.A) also could be interested in the asset.

T-Mobile Netherlands Reports Earnings Results for the Third Quarter of 2015

T-Mobile Netherlands reported earnings results for the third quarter of 2015. For the quarter, the company reported revenues for the third quarter down 8.0% year on year to EUR 346 million. EBITDA dropped 22% to EUR 125 million, leading to a drop in the margin on an annual basis but an improvement compared to second quarter to 36.1%.

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