Daily Digit: KPN's $11bln Telefonica Deal - Presented by: The Aol. On Network

8.1 billion euros is today's daily digit in Europe - the amount Dutch Telecoms group KPN will sell its German unit for. Telefonica Deutschland is paying 5 billion cash for E-Plus in the hope of creating a strong competitor to Deutsche Telecom and Vodafone. It will also give KPN a 17.6 percent stake in the merged company. If approved by regulators and shareholders both companies hope it generate synergy benefits of between 5 and 5 and a half billion euros.



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