December 27, 2014 10:23 PM ET

Diversified Telecommunication Services

Company Overview of KPNQwest NV

Company Overview

KPNQwest NV operates as a data communications and hosting company that delivers a range of carrier and corporate networking solutions, as well as hosting, multimedia, and Internet services to European businesses via its wholly owned fiber optic network, the EuroRingsâ„¢. This network spans 25,000 km and connects 60 cities in 18 countries, 28 hosting centers, and 14 high capacity metro area networks. The network is also connected directly to Qwest's fiber infrastructure in North America and Asia resulting in a seamless global network of 300,000 km. The company was formerly known as Kpnqwest Nv Cl C and changed its name to KPNQwest NV in March 2001. KPNQwest NV is based in The Hague, the Nethe...

Maanplein 55

The Hague,  2516 CK


42,976 Employees


31 70 343 4343


31 70 332 4485

Key Executives for KPNQwest NV

KPNQwest NV does not have any Key Executives recorded.

KPNQwest NV Key Developments

Qwest Communications International Inc., Koninklijke KPN N.V., and KPNQwest N.V. Enter into Definitive Settlement Agreement

On February 18, 2014, Qwest Communications International Inc. together with Koninklijke KPN N.V. and a number of individual affiliates of KPNQwest N.V., entered into a definitive settlement agreement with the trustees in the KPNQwest Dutch bankruptcy proceeding. In connection with Qwest's previously-announced preliminary oral settlement of this proceeding in October 2013, CenturyLink accrued a reserve that fully covers its payment under the definitive settlement agreement. Pursuant to the settlement agreement, Qwest paid approximately $235 million based on the exchange rate on December 31, 2013 to the KPNQwest bankruptcy estate on February 20, 2014. This settlement resolves all claims under the 2010 lawsuit filed by the Trustees against Qwest, KPN and others.

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