KPN and Dutch pension fund ABP have entered into an agreement to form a new tower company, known as TowerCo. This partnership aligns with KPN's ‘Connect, Activate & Grow’ strategy, aiming to optimise the value of its passive infrastructure assets while maintaining strategic flexibility.

The agreement comes in response to the surging consumption of data and the deployment of new technologies. With the growing demand for network expansion and densification, KPN recognises...