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General

KPN Q4 report shows cost savings, divestments supporting dividend and possible company split

Monday 17 February 2020 | 13:16 CET | Author: Tim Poulus | Background
KPN reported annual results slightly below expectations. While the Dutch operator maintained its three-year targets, there were mainly negative points in its latest results. This sent the company's share price lower, to a level not seen since a year ago, just before rumours of a possible takeover bid by Brookfield and pension funds emerged. As such, a possible takeover premium appears to have disappeared in the share price, and KPN looks set to continue on its cost-cutting path. The cost reductions are needed more than ever as cash flow from divestments is starting to dry up, leaving

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Categories: General
Companies: E-Plus / iBasis / KPN / Telefonica Deutschland / Telfort / Ziggo
Countries: Netherlands
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