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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)

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

KPN sells about 5.0 pct stake in Telefónica Deutschland
Monday, 9 Nov 2015 12:22pm EST 

Koninklijke KPN NV:KPN announces sale of part of its stake in Telefónica Deutschland AG.Sale of 150 million shares in Telefónica Deutschland representing approximately 5.0 pct of Telefónica Deutschland's outstanding share capital.Approximately 70 pct of proceeds to be returned to shareholders of KPN.KPN intends to distribute approximately 70 pct of the proceeds to its shareholders in 2016 as a dividend in the form of a capital repayment.As a result KPN's net debt/EBITDA ratio is expected to be reduced by approximately 0.1x.Reiterates its intention to pay a regular dividend per share of 0.08 euro in respect of 2015.  Full Article

Koninklijke KPN NV - EU regulators extend Liberty Global, KPN deal probe to March 17 - Reuters
Tuesday, 3 Nov 2015 07:08am EST 

Koninklijke KPN NV:European Union competition authorities have extended their investigation of U.S. cable operator Liberty Global's 1.3-billion-euro ($1.43 billion) bid for KPN's Belgian unit to March 17, the European Commission said on Tuesday - RTRS.The EU antitrust enforcer did not provide details. The previous deadline was March 3 - RTRS.Liberty Global offered concessions last week in a bid to head off concerns that the combination of its Belgian subsidiary Telenet and KPN's mobile network operator Base may harm the Belgian mobile telecoms market - RTRS.The Commission is now waiting for feedback from third parties before deciding whether to accept them or demand more concessions - RTRS.  Full Article

Koninklijke KPN gives FY 2015 guidance and proposes dividend
Tuesday, 27 Oct 2015 02:30am EDT 

Koninklijke KPN NV:Sees 2015 adjusted EBITDA in line with 2014.Sees 2015 capex below 1.3 billion euros.Sees 2015 free cash flow (excluding TEFD dividend) above 500 million euros.Sees 2015 additional cash flow via dividend from 20.5 percent stake in Telefónica Deutschland.Intends to pay a dividend per share of 8.0 euro cents in respect of 2015.Says dividend per share in respect of 2016 is expected to grow further.  Full Article

Mobistar SA, Base,Proximus and KPN reach settlement agreement on mobile tariff related litigations
Wednesday, 21 Oct 2015 01:47am EDT 

Mobistar SA, Base Company SA and Proximus NV:Announce that Koninklijke KPN NV, Base Company, Mobistar and Proximus reach settlement agreement on mobile tariff related litigations.Settlement agreement involves payment of amount of 120 mln euros of which 66 mln euros is paid to Base Company and 54 mln euros to Mobistar.Further terms and conditions of settlement agreement remain confidential.  Full Article

BRIEF-KPN obtains new license for digital television until Feb 1, 2030

* Obtains new license for digital television until Feb.1, 2030 Source text for Eikon: http://bit.ly/29y0ub5 Further company coverage: (Gdynia Newsroom:)