Solcon serves about 45,000 private customers with internet, fixed and mobile telephony and TV services. The company is also active in the enterprise sector.
According to KPN, Solcon, which has about 75 employees, will continue to operate independently under its own brand.
KPN’s chief commercial officer Frank van der Post said that Solcon had become a major internet service provider in the Netherlands over the 20 years since the company was founded. He said the acquisition would fit perfectly with KPN’s strategy of offering innovative products and excellent service.
Solcon CEO Peter van der Vlies said that KPN was the right partner to see the company to its new phase of growth.
According to local press, Solcon had revenue of about €10 million last year. The acquisition is expected to close imminently.