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Tag: kpn
KPN aims for 300m annual savings by 2019
2016-03-07 01:00:00| Total Telecom industry news
Dutch incumbent's updated strategic plan targets consumer revenue growth, stabilising enterprise revenues.
Tags: annual
savings
aims
300m
KPN sales fall 5.9% in Q4 on weak business market
2016-02-03 08:50:00| Telecompaper Headlines
(Telecompaper) KPN reported fourth-quarter revenues down 8.1 percent year-on-year to EUR 1.75 billion, and adjusted EBITDA fell 7.6 percent to EUR 582 million. Excluding a tax refund, organic revenues fell 5.9 percent. KPN reported continued growth in customers, but suffered from the weak enterprise market, declining traditional services and some changes in mobile pricing. The company said it's simplification programme delivered EUR 280 million in annual savings by the end of 2015, and it upgraded its target for total savings to EUR 450 million by the end of 2016. Net profit improved to EUR 254 million compared to a loss of EUR 16 million a year earlier, thanks to a profit on the sale of shares in Telefonica Deutschland. Part of the sale proceeds will also go to a special dividend of 13 cents per share, to be paid June 2016. KPN reduced investments by 14 percent in the quarter to EUR 355 million, helping free cash flow return to a positive 223 million versus a negative 179 million a year ago. For 2016, the Dutch operator forecast stable EBITDA, capital expenditure of EUR 1.2 billion, free cash flow of EUR 650 million and an increase in the dividend to EUR 0.10 per share from EUR 0.8.
Tags: business
sales
market
fall
KPN Q4 revenue falls on business woes, tax settlement
2016-02-03 01:00:00| Total Telecom industry news
Dutch incumbent swings to net profit following sale of Telefonica Deutschland shares, lower gross debt.
Tags: business
tax
falls
revenue
KPN ordered to offer wholesale services for three more years
2015-12-18 01:00:00| Total Telecom industry news
Dutch competition authority says decision safeguards competition, promotes investment.
Tags: services
years
offer
ordered
KPN grows subscriber market share in the Netherlands
2015-12-11 17:00:19| Digital TV News
According to Telecompaper, KPN continues to grow its share of the Dutch TV market, at the expense of cable operator Ziggo. KPN added 0.4 percentage points in the third quarter to take 28 percent of subscribers, while Ziggo lost 0.5 percent points for a share of 52.8 percent.
Tags: share
market
netherlands
subscriber
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