Q4 revenues were down by 5.3% yoy: a performance in line with the -5.6% recorded in Q3 but poorer than the 2.1% and 2.4% declines recorded in Q2 and Q1. But, excluding the Wholesale and iBasis sharp declines (respectively -12% and -30%), consumer revenues (50% of KPN’s global revenue) were down by only 1.4% yoy (and up by 0.7% excluding the negative impact from the “Roam like at home” regulation) while the usual decline in the business activities (35% of KPN’s global b
31 Jan 2018
Simplification programme is bearing fruit
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Simplification programme is bearing fruit
Royal KPN NV (KPN:WBO) | 0 0 1.1% | Mkt Cap: 10,881m
- Published:
31 Jan 2018 -
Author:
Jean-Michel Salvador -
Pages:
3
Q4 revenues were down by 5.3% yoy: a performance in line with the -5.6% recorded in Q3 but poorer than the 2.1% and 2.4% declines recorded in Q2 and Q1. But, excluding the Wholesale and iBasis sharp declines (respectively -12% and -30%), consumer revenues (50% of KPN’s global revenue) were down by only 1.4% yoy (and up by 0.7% excluding the negative impact from the “Roam like at home” regulation) while the usual decline in the business activities (35% of KPN’s global b