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Koninklijke KPN NV (KKPNY.PK)

KKPNY.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

Telefonica increases stake in Telefonica Deutschland to 69.2 pct
Monday, 13 Mar 2017 01:45pm EDT 

Telefonica SA : Enters share swap deal with Koninklijke KPN NV under which it transfers 72.0 million of its own treasury shares (1.43 percent of its share capital) in exchange for 178.5 million shares of Telefonica Deutschland Holding AG (6.0 percent of its share capital) .As a result, it increases its stake in Telefonica Deutschland to 69.2 percent from 63.2 percent.  Full Article

KPN reports Q4 in core earnings in line with Reuters poll
Wednesday, 1 Feb 2017 01:54am EST 

Koninklijke KPN NV : Q4 net profit 115 million euros ($124.0 million) versus 254 million euros year ago . Q4 revenue 1.72 billion euros versus 1.75 billion euros in Reuters poll . Q4 CAPEX 298 million euros versus 308 million euros in Reuters poll . Q4 adjusted EBITDA 606 million euros versus 602 million euros in Reuters poll . KPN intends to pay a total regular dividend per share of 10 eurocents in respect of 2016 . Sees 2017 adjusted EBITDA in line with 2016 . Sees in 2017 adjusted EBITDA guidance approximately 40-50 million euros impact from roaming regulation . Sees 2017 CAPEX around 1.15 billion euros . Sees 2017 free cash flow (excluding. TEFD dividend) growing . Sees 2017 additional cash flow via expected dividend from 15.5% stake in Telefónica Deutschland ."Now starting the second wave of simplification program which will deliver at least another 300 million euros run-rate savings by end-2019".  Full Article

KPN announces Eurobond and tender offer
Tuesday, 30 Aug 2016 02:59am EDT 

Koninklijke KPN NV :Is targeting a maximum tender amount of 750 million euros ($837.9 million) across seven series of Euro denominated senior unsecured bonds maturing between 2017 and 2024.  Full Article

KPN Q2 revenue of 1.68 billion euros, below Reuters estimates
Wednesday, 27 Jul 2016 01:44am EDT 

KPN : Q2 adjusted EBITDA of 592 million euros ($650.9 million) versus 584 million euros in Reuters poll . Q2 CAPEX 312 million euros versus 292 million euros in Reuters poll . Sees 2016 adjusted EBITDA in line with 2015 . Q2 net profit 162 million euros versus 133 million euros in Reuters poll . Q2 revenue 1.68 billion euros versus 1.70 billion euros in Reuters poll . KPN intends to pay a total regular dividend per share of eur 10 cents in respect of 2016 and grow the dividend in line with its free cash flow growth profile thereafter .Sees 2016 additional cash flow via dividend from 15.5 pct stake in Telefónica DeutschlandSees 2016 free cash flow (excluding. Tefd dividend) > 650 million euros.  Full Article

KPN Ventures to invest in venture capital fund Cottonwood
Monday, 23 May 2016 04:10am EDT 

Koninklijke KPN NV : KPN Ventures, the venturing arm of KPN, has entered into an agreement with the Cottonwood European Technology Fund (CETF) to become one of its cornerstone investors .CETF is a venture capital fund specialized in high-tech companies in an early stage of development.  Full Article

Koninklijke KPN declares special interim dividend unconditional
Friday, 20 May 2016 11:44am EDT 

Koninklijke KPN NV : Definitively proposes special interim dividend of 0.025 euro per share .During the Annual General Meeting of Telefonica Deutschland the proposed dividend was approved and KPN has received the amount of 110 million euros ($123.29 million).  Full Article

Koninklijke KPN: KPN Ventures invests in EclecticIQ
Sunday, 1 May 2016 08:00pm EDT 

Koninklijke KPN NV:KPN Ventures, the venturing arm of KPN, has invested in DUTCH cyber security company EclecticIQ, as part of 5.5 million euros series a investment round.  Full Article

Koninklijke KPN comments on FY 2016 guidance
Friday, 29 Apr 2016 01:30am EDT 

Koninklijke KPN NV:Sees 2016 adjusted EBITDA in line with 2015.Sees 2016 capex around 1.2 billion euros.Sees 2016 free cash flow (excluding Telefonica Deutschland dividend) above 650 million euros.Additional cash flow via expected dividend from 15.5 pct stake in Telefonica Deutschland.Intends to pay a total regular dividend per share of 0.10 euros in respect of 2016 and grow the dividend in line with its free cash flow growth profile thereafter.Will distribute 1.2 billion euros of the combined proceeds from the sale of base and c. 5 pct Telefonica Deutschland shares to shareholders via capital repayment of 0.28 euros per share.KPN expects to execute the capital repayment in June 2016.  Full Article

Koninklijke KPN acquires remaining stake in RoutIt
Sunday, 3 Apr 2016 08:00pm EDT 

Koninklijke KPN NV:Acquires remaining stake in ICT-service provider RoutIt.  Full Article

Koninklijke KPN issues FY 2016 adjusted EBITDA guidance
Wednesday, 3 Feb 2016 01:30am EST 

Koninklijke KPN NV:Sees FY 2016 adjusted EBITDA in line with FY 2015.Intends to pay a total regular dividend per share of 0.10 euros in respect of 2016 and grow the dividend in line with its free cash flow growth profile thereafter.  Full Article

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BRIEF-Telefonica increases stake in Telefonica Deutschland to 69.2 pct

* Enters share swap deal with Koninklijke KPN NV under which it transfers 72.0 million of its own treasury shares (1.43 percent of its share capital) in exchange for 178.5 million shares of Telefonica Deutschland Holding AG (6.0 percent of its share capital)