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KPN Belgium launches 'SNOW' digital TV, internet and fixed-line telephony

2013-02-05 19:00:36| Digital TV News

KPN has launched SNOW, a new brand with which the company aims to carve out a position as a challenger in the market for digital television, internet and fixed-line telephony in Belgium, starting from 7 February.

Tags: internet digital snow belgium

Dutch telecom KPN posts loss in fourth quarter, will issue ?4 billion in new shares

2013-02-05 13:22:44| Telecom - Topix.net

Royal KPN NV, the largest telecommunications company in the Netherlands, said Tuesday it plans to issue 4 billion in new shares to regain financial stability after a bad year that finished with the company posting a fourth quarter loss of 162 million.

Tags: new posts issue loss

One million IPTV subscribers for KPN at end-2012

2013-02-05 10:40:36| Digital TV News

KPN has published its fourth quarter and annual results for 2012. KPNs IPTV proposition supported continued growth of IPTV net adds (183k in Q4 2012). This resulted in a TV market share of 23%, an increase of 6%-points compared to Q4 2011.

Tags: million subscribers iptv kpn

KPN plans rights issue after weak Q4 results

2013-02-05 09:11:00| Telecompaper Headlines

(Telecompaper) KPN saw results deteriorate in the fourth quarter, mainly due to strong competition on the mobile market. Revenues fell 3.0 percent, or 2.4 percent on an underlying basis, to EUR 3.27 billion (including EUR 221 million in book gains). EBITDA fell 15 percent (underlying -16%) to EUR 1.12 billion, with the EBITDA margin losing almost 5 points to 34.2 percent. The operating result was EUR 129 million (-70%), and the net loss EUR 160 million (EUR 0.11 per share). The company's (reduced) targets for 2012 were reached as a whole, helped by asset sales. In the Netherlands, KPN said matters were stable; Germany meanwhile is heading towards a lower margin and lower sales growth. KPN said it will be forced to hold a rights issue of EUR 4 billion to strengthen the balance sheet. The operator has also formulated some new goals. For example, the Dutch broadband market share must be at least 40 percent and reach even 45 percent in the longer term. The mobile market share must be at least 40 percent. KPN has not excluded further job losses after 2013 as part of its efficiency measures.

Tags: rights results issue plans