KPN CEO: Talks with America Movil could be revived

|About: America Movil, S.A.B. de ... (AMOV)|By:, SA News Editor

Although America Movil (AMOV, AMX) has withdrawn its €7.2B ($9.7B) bid for KPN (KKPNY.PK) because of a disagreement over price, the deal may not be dead, the CEO of the Dutch telecom group has indicated.

"I'm not going to say which price we wanted because there is a possibility that we will be sitting around the table again," Eelco Blok said.

Despite the prospect of renewed talks, KPN shares are -8.6% in Amsterdam.