Feeds

KPN doubles profits on falling sales

Dutch telco holding its own

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

Dutch telco KPN doubled profits in the third quarter despite a fall in sales. For the period ended 30 September 2005 KPN made net profits of €288m, up from €139m for the same period of 2003. Sales for the period were €2, 948m down from €3, 009 in the third quarter of 2003.

Net sales for the mobile division grew by over six per cent driven by strong growth in Germany and Belgium. Fixed line revenues decreased by €149m or 7.8 per cent - most of the fall explained by tariff reductions. KPN now has 1.2m ADSL customers.

Ad Scheepbouwer, CEO of KPN, said the results showed the improved market share of the mobile division was already paying off. He said the firm's focus would now change: "Our prime focus is now on our fixed business where our objective is to maintain market share of our traditional business in a declining market and to aggressively build up our market share in new growth markets."

In the third quarter the mobile division added 800, 000 new customers giving it 16.4m mobile customers in total.

The full results are available for download from this page. ®

Related stories

Wanadoo to build Dutch broadband network
Alien smartphone lands in Netherlands
KPN prunes Belgian mobile sub

Choosing a cloud hosting partner with confidence

More from The Register

next story
Brit telcos warn Scots that voting Yes could lead to HEFTY bills
BT and Co: Independence vote likely to mean 'increased costs'
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
New 'Cosmos' browser surfs the net by TXT alone
No data plan? No WiFi? No worries ... except sluggish download speed
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Blockbuster book lays out the first 20 years of the Smartphone Wars
Symbian's David Wood bares all. Not for the faint hearted
Bonking with Apple has POUNDED mobe operators' wallets
... into submission. Weve squeals, ditches payment plans
This flashlight app requires: Your contacts list, identity, access to your camera...
Who us, dodgy? Vast majority of mobile apps fail privacy test
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.