(Telecompaper) KPN has outlined its targets for 2016 and the medium term at its Capital Markets Day. According to the presentation to analysts, the strategy will shift from the previous 'strengthen, simplify, grow' to 'simplify, grow, innovate'. This has implications for the commercial, operational and financial strategy. The most important priorities in the coming years will be up- and cross-selling, growth in TV in the consumer market and in IT in the business market, completing the transformation of KPN Business, investing in access networks, integrating networks in a new operating model and transforming the balance sheet in order to support dividends.