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KPN extends current strategy through 2023, only risk a response from Ziggo

Thursday 26 November 2020 | 10:40 CET | Author: Tim Poulus | Market Commentary
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KPN has presented its new strategy for 2021-2023 under the name 'accelerate to grow'. It overlaps the previous plan for 2019-2021 and puts FTTH central. There is little new in the plan, which largely continues its current strategy. Fibre is expected to drive a turnaround in revenues (higher ARPU, gaining market share), and the group continues to cast a wide net for opex savings. Investments will increase slightly to a new peak in 2021 but over the longer term, after the bulk of the FTTH roll-out, capex as a percentage of sales will drop back down to historical levels. At the same, margins and

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Categories: General
Companies: KPN / Telfort / VodafoneZiggo / Ziggo
Countries: Netherlands
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