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KPN revenues stabilise in Q4, further cost cuts planned
2015-02-04 08:41:00| Telecompaper Headlines
(Telecompaper) KPN reported fourth-quarter revenues flat at EUR 2.07 billion. One-time income including a tax credit of EUR 44 million offset a 2.1 percent drop in underlying sales. EBITDA fell by 3.0 percent to EUR 669 million, and the margin was down 1 percent point to 32.4 percent. EBIT roughly doubled compared to a year earlier to EUR 218 million, and the net loss narrowed to EUR 37 million, impacted by costs for repurchasing debt. Capex increased 17 percent to EUR 482 million, resulting in negative free cash flow of EUR 199 million. Excluding one-time items, free cash flow would have reached EUR 405 million in 2014. Capex over the full year totaled EUR 1.41 billion, slightly above KPN's forecast for less than EUR 1.4 billion. KPN said 2014 was a transformation year, with the sale of E-Plus, acquisition of Reggefiber and new management appointed. Results started to stabilise towards the end of the year and the Dutch operator expects this to continue in the coming quarters. For 2015, the company forecast stable EBITDA by year-end, cost savings of over EUR 400 million (up from EUR 300 million previously), capex of less than EUR 1.4 billion (down from less than EUR 1.5 billion earlier), cash flow higher than the adjusted EUR 405 million in 2014 (excluding any dividend from Telefonica Deutschland) and an increase in the dividend to 8 cents from 7, with a further increase in 2016. In Belgium, KPN plans to reduce investments and target a margin of 25-30 percent in the medium term.
Tags: cost
planned
cuts
revenues
KPN, Vodafone fined for net neutrality violations
2015-01-27 10:04:00| Telecompaper Headlines
(Telecompaper) The Dutch regulator ACM has fined KPN and Vodafone respectively EUR 250,000 and EUR 200,000 for violations of net neutrality. KPN was fined for blocking certain services, including forms of VoIP, on its free Wi-Fi hotspots. According to the regulator, providers cannot discriminate between services provided over an internet connection. KPN said it accepts the fine and agrees with the ACM assessment. The net neutrality rules were added to the Telecommunications Law in 2013, and KPN implemented the services after that. The operator noted that it did offer a premium version of the Wi-Fi service under which all services were permitted. Vodafone offered access to an app with HBO with certain plans without charging for the related data traffic. The law does not allow operators to determine which services customers can use over the internet, the ACM said. Vodafone was not immediately available to comment. Under the Dutch law, internet providers may not block certain services or applications, nor charge different rates for accessing particular services or apps over the internet.
Tags: net
violations
vodafone
fined
KPN, Vodfone fall foul of Dutch net neutrality law
2015-01-27 01:00:00| Total Telecom industry news
Regulator slaps operators with fines as EU grapples with open Internet 'compromise'.
KPN Consumer
2015-01-23 13:45:00| Telecompaper Reports
This company profile analyses KPN Consumer's activities in the Netherlands. The report contains information on KPN Consumer's current position and strategy. It discusses the company's latest financial figures and gives an overview of its current network. The report provides details of the product portfolio of KPN Consumer. It looks at the market in which KPN Consumer operates as well as its competitors. Furthermore the profile reports on KPN Consumer's marketing activities, including its customer strategy. Lastly the profile contains Telecompaper's SWOT analysis of KPN Consumer.
KPN Business
2015-01-22 17:45:00| Telecompaper Reports
This company profile analyses KPN Business, a provider of fixed and mobile telephony, internet and ICT services . The report contains information on KPN Business' current position and strategy. It discusses the company's latest financial figures and gives an overview of its current network. The report provides details of the product portfolio of KPN Business. It looks at the market in which KPN Business operates as well as its competitors. Furthermore the profile reports on KPN Business' marketing activities, including its customer strategy. Lastly the profile contains Telecompaper's SWOT analysis of KPN Business.
Tags: business
kpn
kpn business
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