KPNQwest

The company was set to bring together the state-of-the-art fibre-optic networks of the two partners and the Internet services expertise and customer base of EUnet International.

The company planned to build and operate a high-capacity European fibre optic, Internet Protocol-based network that was to span 13,000 kilometers when completed 2001.

During its history of less than four years, KPNQwest created a unique, nothing-is-impossible working spirit and company culture among its 2,500 employees under the leadership of an AT&T veteran Jack McMaster.

The bankruptcy was largely due to the general Dot-com boom, which created highly inflated capacity demands for telecom operators.

These swaps created artificial revenue figures and thus provided incorrect financial guidance to the company management and investors.

KPNQWest logo
KPNQWest logo