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Introduction

An update on KPN's operations, covering financial performance, market dynamics, key developments, and strategy, as well as the operator's latest product and service launches.

Highlights

  • KPN’s group revenues were down by 4.5% year on year in 2017 as a result of the ongoing decline of the business segment and wholesale, partly offset by revenue growth from integrated solutions, IT-related services, and the Internet of Things (IoT). The revenues were down by 4.6% year on year in 2Q18.
  • KPN reduced its stake in Telefonica Deutschland to 6.3% by June 2018 from the initial 20.5% stake that it got after selling E-Plus in October 2014. KPN reached an agreement to sell its US-based subsidiary iBasis to Tofane Global in March 2018.
  • KPN completed the first wave of its simplification program in 4Q16. The second wave of the program is expected to deliver at least another €350m in run-rate savings by the end of 2019, compared to the end of 2016. The second wave of the program had already generated run-rate savings of around €175m by the end of 2Q18 compared to 4Q16.

Features and Benefits

  • Assesses KPN's current market position and strategy for improvement.
  • Analyzes KPN's performance, recent developments in the market, and the operator's strategic initiatives.
  • Benchmarks KPN's financial performance against other major operators worldwide.

Key questions answered

  • How has the company performed in recent quarters?
  • What were some of the key product launches of the last six months?
  • What is KPN's strategy?

Table of contents

Summary

  • Introduction
  • Download 1: KPN Group Update, July 2018

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