Q1 revenues were still down by 2.4% yoy, like in the previous quarter (note, however, the trend is clearly improving compared to H1 16): this was mainly due to the impact of price pressure in the wholesale voice carrier market (iBasis). But revenues for the Netherlands were only 1.5% lower yoy and if KPN is still suffering from the decline in the business market size, the consumer revenues were, however, up by 2.1% yoy supported by the positive impact of base growth and a higher ARPU. But the
26 Apr 2017
Consumer business is doing very well
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Consumer business is doing very well
Royal KPN NV (KPN:WBO) | 0 0 1.1% | Mkt Cap: 10,881m
- Published:
26 Apr 2017 -
Author:
Jean-Michel Salvador -
Pages:
3
Q1 revenues were still down by 2.4% yoy, like in the previous quarter (note, however, the trend is clearly improving compared to H1 16): this was mainly due to the impact of price pressure in the wholesale voice carrier market (iBasis). But revenues for the Netherlands were only 1.5% lower yoy and if KPN is still suffering from the decline in the business market size, the consumer revenues were, however, up by 2.1% yoy supported by the positive impact of base growth and a higher ARPU. But the