Saturday, 19 August 2017

KPN cancels dividend as Q1 profit plunges 54%

By Nick Wood, Total Telecom
Tuesday 23 April 13

Last year's Getronics sale drives 8.8% on-year decline in Dutch incumbent's group revenue.

KPN on Tuesday reported a 54% decline in its first quarter net profit due to higher spending on networks and subsidies for handsets and customer premises equipment (CPE). The Dutch incumbent also announced it will pay no dividend for the financial years of 2013 and 2014 as it prepares to launch its &euro…

KPN on Tuesday reported a 54% decline in its first quarter net profit due to higher spending on networks and subsidies for handsets and customer premises equipment (CPE). The Dutch incumbent also announced it will pay no dividend for the financial years of 2013 and 2014 as it prepares to launch its &euro…

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