KPN results down across Dutch activities

Tuesday 26 July 2011 | 12:33 CET | News
KPN reported revenues and results down in a number of areas in the second quarter. At the consumer activities in the Netherlands, revenues fell 3.7 percent, with an underlying drop of 2.2 percent, to EUR 953 million. EBITDA was down 6.2 percent, with an organic drop of 7.1 percent, to EUR 271 million, due in part to rising handset subsidies. Consumer mobile revenues were under pressure from apps used for voice and SMS services, as well as free Wi-Fi. Smartphones have now reached 47 percent of the customer base. The operator added just 1,000 subscribers in the quaryer for a total 5.505 million

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Categories: General
Companies: Digitenne / E-Plus / Getronics / KPN / Ortel / Reggefiber / Telfort Zakelijk
Countries: Netherlands
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