Mobistar´s acquisition of KPN Belgium Business

Mobistar´s acquisition of KPN Belgium Business

             completed after Competition Council gives green light


Brussels,  2 April 2010 - In  November 2009 Mobistar announced  the agreement to
acquire  KPN Belgium Business n.v. (b2b  and carrier activities in Belgium). The
transaction  was  completed  on  31 March  2010 after  the operator received the
Competition  Council´s approval for the  acquisition on 25 March 2010. The legal
entity  is  being  renamed  Mobistar  Enterprise  Services  n.v.  Mobistar  thus
reconfirms its strategy of continuing to invest in the professional market so as
to further strengthen its position as a convergent player.


The  purchase price for 100 % of the shares of KPN Belgium Business n.v. amounts
to 65 million euros (on a debt- and cash-free basis) and this amount was paid on
31 March  2010. The legal entity  is being renamed  Mobistar Enterprise Services
n.v.  and the  full range  of telecommunication  solutions for  the professional
market  of Mobistar and  Mobistar Enterprise Services  n.v. will bear the strong
Mobistar brand name.



The closing took place after the Competition Council approved the transaction on
condition  that Mobistar, in addition to  its own wholesale services, retain the
ADSL  wholesale offer of  Mobistar Enterprise Services  n.v. for 18 months under
the same conditions as before the acquisition.



The consolidation is being implemented as of 1 April 2010, and already this year
the transaction will have a positive impact on Mobistar´s revenues and Ebitda.



The  acquisition enables Mobistar to strengthen  its competitive position in the
professional  market by positioning  itself there as  a convergent player with a
broader  line of products and services. On  the one hand, Mobistar can offer its
existing customers in the segment of independents, liberal professions and small
and  medium-sized companies  a more  extensive range  of fixed-line services via
Mobistar  Enterprise Services  n.v. On  the other,  former KPN  Belgium Business
customers will get access to the convergent Mobistar products, allowing Mobistar
to expand its market share in the segment of corporate companies.


Mobistar  (EURONEXT BRUSSELS: MOBB)  is one of  the main actors  in the world of
telecommunications  in Belgium and Luxembourg, active in mobile telephony, fixed
telephony, ADSL and on other markets with a strong growth potential. The company
develops  innovative products and services for  the residential and the business
market.  Mobistar is listed  on the Brussels  Stock Exchange and  is part of the
France Télécom group.



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For more information, please contact :

Patti Verdoodt -press service:

[phone] - e-mail:[e-mail]
<mailto:[e-mail]>

Christophe Lemaître - Investor Relations: [phone] - e-mail:
[e-mail] <mailto:[e-mail]>







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