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General

KPN can use excess cash to switch from defense to offense

Friday 31 October 2014 | 13:21 CET | Author: Tim Poulus | Background
KPN's third-quarter results were well-received by the market, with the share price up 7 percent in two days to EUR 2.56. The results show a complex picture, with numerous footnotes, the usual negative points and a few positives. The higher share price appears to be mainly due to the results meeting expectations and KPN reiterating its outlook. There was also a small improvement in the overall trends, although it's still a bit early to talk of "stabilisation", something KPN has forecast before the end of 2014. The management is to trying to achieve this by balancing the commercial strategy

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Categories: General
Companies: CanalDigitaal / E-Plus / Eurofiber / KPN / Online.nl / Reggefiber / Telefonica Deutschland
Countries: Belgium / Netherlands
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