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In stages over the past months, KPN bought the German, Belgian and Dutch parts of the KPNQwest network, as well as undersea links to London from Paris and Amsterdam, and capacity on an undersea cable from Europe to the US that belonged to the joint venture with Qwest of Denver.
To complete what KPN calls its EuroRings, the Dutch carrier also bought networks in France and the UK from another undisclosed party.
KPN's business unit will offer IP VPN (virtual private network), wavelength and ATM (Asynchronous Transfer Mode) services, among other services. KPN itself will be one of the unit's largest customers. The phone company will route its voice and data traffic over the networks.
KPNQwest was declared bankrupt in May. Since then, parts of the company have been sold at fire-sale prices, and KPNQwest's office inventory has been auctioned off.