0
General

KPN preparing new strategic plan and cost reductions

Friday 12 October 2018 | 08:28 CET | News
KPN is preparing further restructuring and cost cuts, people familiar with the matter told Telecompaper. The Dutch operator's new CEO Maximo Ibarra has hired McKinsey to look at the business, and this is expected to lead to new measures to reduce costs. Further details are expected before year-end, likely at the company's Capital Markets Day in November. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: KPN
Countries: Netherlands
::: add a comment
This article is part of dossier

5G


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Last week in telecoms: KPN and DNA looking ahead and merger news from Sweden and Netherlands

Published 15 Oct 2018 07:00 CET | Europe
The European telecoms stocks had a relatively good week. The EuroStoxx 50 index was down 4.5 percent in week 41, versus a decline ...

Telecomindex week 41: KPN en DNA kijken vooruit, fusienieuws uit Zweden en Nederland

Published 15 Oct 2018 07:00 CET | Europe
De Europese telecomsector had een relatief goede week. De EuroStoxx 50-index kwam in week 41 uit op een verlies van 4,5 procent, ...

KPN bereidt nieuw strategisch plan en kostenbesparingen voor

Published 11 Oct 2018 15:53 CET | Netherlands
KPN staat aan de vooravond van de Q3-resultaten en een Capital Markets Day. CEO Maximo Ibarra presenteert zijn eerste volledige ...

Verizon extends voluntary severance offer to 44,000 employees

Published 04 Oct 2018 09:18 CET | United States
Verizon's voluntary severance offer first reported last month has gone out to around 44,000 employees, or more than a quarter of ...

Dutch market outlook: mergers, open cable, gigabit broadband and 5G auction

Published 03 Oct 2018 16:34 CET | Netherlands
The Dutch telecom market is characterised by falling revenues, the erosion of traditional services and the near saturation of the ...

KPN, VodafoneZiggo take 80% of Dutch fixed market, 64% in mobile

Published 03 Oct 2018 12:26 CET | Netherlands
The Dutch broadband market showed marginal growth in the second quarter, while the number of fixed lines and TV subscribers ...

Dutch telecom market Q2: revenues still falling, but good profitability

Published 02 Oct 2018 14:47 CET | Netherlands
The Dutch telecom market contracted at a steady rate in the second quarter of 2018, with revenues at the top four operators ...

America Movil reduces KPN stake to 16%

Published 17 Sep 2018 08:49 CET | Netherlands
Mexican telecommunications giant America Movil has reduced its stake in Dutch operator KPN to just above 16 percent, reports ...

KPN replaces CCO with new consumer chief Van Overbeke

Published 28 Aug 2018 08:44 CET | Netherlands
KPN's new CEO Maximo Ibarra is changing the Dutch operator's management structure, adding an executive committee in addition to ...

KPN keeps outlook after solid Q2

Published 26 Jul 2018 08:54 CET | Netherlands
KPN reported adjusted revenues of EUR 1.40 billion for the second quarter, down 1.5 percent from the year before due to the ...

BT to cut 13,000 jobs, leave London headquarters

Published 10 May 2018 09:55 CET | United Kingdom
BT has announced plans to cut around 13,000 jobs over three years at a cost of GBP 800 million, mainly back office and middle ...

KPN revenues slide 3.4% in Q1, outlook unchanged

Published 26 Apr 2018 09:13 CET | Netherlands
Revenues for the quarter fell 3.4 percent from the year before to EUR 1.40 billion, with no contribution from recently disposed ...

Ibarra starts first day as KPN CEO

Published 19 Apr 2018 10:18 CET | Netherlands
Maximo Ibarra succeeded Eelco Blok as CEO of KPN on 18 April, immediately after the end of the company's General Meeting of ...

KPN targets EUR 300 mln cost savings in new strategic plan

Published 07 Mar 2016 08:47 CET | Netherlands
KPN has unveiled its new strategic plan at its annual Capital Markets Day. The previous plan from 2011 was known as 'Simplify, ...





4.76 milion
Fixed telephony connections in 2022
Netherlands  |  2018 Q2

Calendar   /   Industry Events

22 Oct Grameenphone Q3 2018
22 Oct SCTE ISBE Cable Tec Expo
22 Oct International Conference of Data Protection and Privacy Commissioners
23 Oct Modern Times Group (MTG) Q3 2018
23 Oct Logitech fiscal Q2
23 Oct Juniper Networks Q3 2018
23 Oct Corning Q3 2018
23 Oct Millicom Q3 2018
23 Oct Verizon Q3 2018
23 Oct AudioCodes Q3 2018
23 Oct FCC Open meeting
24 Oct Orange Belgium Q3 2018
24 Oct KPN Q3 2018
24 Oct STMicroelectronics Q3 2018
24 Oct Smith Micro Q3 2018
24 Oct Atos Q3 2018
24 Oct AT&T Q3 2018
24 Oct Technicolor Q3 2018
24 Oct F5 Networks fiscal Q4
24 Oct Telenor Q3 2018
24 Oct M1 Q3 2018
24 Oct Microsoft fiscal Q1
24 Oct Line Q3 2018
24 Oct HPE Securities Analyst Meeting
24 Oct ENISA – Europol Conference on the Internet of Things
24 Oct Women in TMT M&A
24 Oct Broadband World Forum
25 Oct Iridium Q3 2018
25 Oct Snap Q3 2018
25 Oct Netgear Q3 2018
::: More Calendar Items