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Koninklijke KPN NV (KKPNY.PK)

KKPNY.PK on OTC Markets Group

2.86USD
9 Dec 2016
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Latest Key Developments (Source: Significant Developments)

KPN to invest in technology investment fund Keen Venture Partners
Friday, 4 Nov 2016 03:36am EDT 

Kpn : KPN to invest in technology investment fund keen venture partners .KPN Ventures, venturing arm of KPN, has entered into agreement with KEEN VENTURE PARTNERS LLP to invest 10 million euros ($11.09 million) in its newly launched technology investment fund.  Full Article

KPN does not plan any more cash optimisation measures - conf call
Thursday, 27 Oct 2016 08:11am EDT 

KPN : Says at this point in time it does not plan any more cash optimisation measures - conference call . Says Telefonica Deutschland is not a strategic asset, will sell it in time; does not indicate any timeframe- conference call Further company coverage: [KPN.AS] (Gdynia Newsroom:) ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 09 20;)).  Full Article

KPN Q3 adjusted revenues down 2.6 pct to 1.71 billion euros
Thursday, 27 Oct 2016 01:48am EDT 

KPN : Q3 adjusted revenues 1.71 billion euros ($1.86 billion) versus 1.76 billion euros year ago . Q3 adjusted EBITDA 662 million euros versus 640 million euros year ago . Q3 net profit 45 million euros versus 87 million euros year ago . Q3 capex eur 265 million versus eur 276 million in reuters poll . Reuters Poll: Q3 revenue 1.70 billion euros; adjusted EBITDA 631 million euros; net profit 65.0 million euros . Sees 2016 adjusted EBITDA in line with 2015 . Sees 2016 capex around 1.2 billion euros . Sees 2016 free cash flow (excluding TEFD dividend) > 650 million euros . Sees 2016 additional cash flow via dividend from 15.5 pct stake in Telefónica Deutschland . KPN intends to pay a total regular dividend per share of 10 cents of euros in respect of 2016 .Fixed-Mobile bundles now represent 40 pct of postpaid base (Q3 2015: 28 pct) and 35 pct of broadband base (Q3 2015: 25 pct).  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

BRIEF-KPN does not plan any more cash optimisation measures - conf call

* Says at this point in time it does not plan any more cash optimisation measures - conference call