KPN’s wholesale arm registered a double-digit decline in sales in the first three months of the year, although the operator made headway on improving its profits.

Group revenues fell 2.4 percent year-on-year to €1.65 billion, which the operator put down to “price pressure” in the wholesale voice carrier market.

The operator’s internationally-focused iBasis division saw sales fall 10 percent to €193 million despite traffic volumes remaining similar to 12 months ago.

At home in the Netherlands, sales were down 1.5 percent to €1.5 billion as 2.1 percent growth in consumer services were offset by continued decline in enterprise revenues.

The operator added 12,000 broadband customers, 27,000 IPTV subscribers and 2,000 postpaid mobile customers in the period.

However, revenues from businesses fell 6.9 percent after declining nine percent in the previous quarter and over seven percent last year as a whole.

There was better news on the profit front, despite group EBITDA falling 0.5 percent to €556 million.

Net profit almost doubled, rising 92 percent to €92 million, thanks in part to a 43 percent increase in operating profit.

The operator said it had managed to reduce the number of calls to its contact centres by a quarter compared to the same period last year, which cut costs by 25 percent.

CEO Eelco Blok said: “We have made a promising start to the second wave of our Simplification program, which continues to drive substantial quality and customer satisfaction improvements across all segments in The Netherlands, resulting in structural spend savings.”

More News

Iliad enters content game in France, finally launches Italian mobile business Iliad enters content game in France, finally launches Italian mobile business Iliad has acquired football rights in France and launched its opco in Italy as it looks to reboot after a disappointing set of financial results. More detail
Three UK appoints new CCO, CFO Three UK appoints new CCO, CFO The departure of Three UK's Chief Commercial Officer after just 18 months in the job has triggered a shake-up of the mobile operator's top team. More detail
TalkTalk to sell enterprise customer base to Daisy as it registers full-year loss TalkTalk to sell enterprise customer base to Daisy as it registers full-year loss TalkTalk has agreed to sell 80,000 business customers to rival Daisy Group in a £175 million deal. More detail
A1 Telekom Austria Group rebrand reaches Bulgaria A1 Telekom Austria Group rebrand reaches Bulgaria Bulgaria is the third A1 Telekom Austria Group opco to get rebranded as the telco looks to market itself as a provider of "advanced" IT, IoT, cloud and content services. More detail
Orange Business Services puts IoT to use on saving ships’ fuel costs Orange Business Services puts IoT to use on saving ships’ fuel costs Orange Business Services has expanded its work with Dobroflot by developing a customised IoT solution for the Russian fishing company. More detail
    

 

European Communications is now
Mobile Europe and European Communications

  

From June 2018, European Communications magazine 
has merged with its sister title Mobile Europe, into 
Mobile Europe and European Communications.

No more new content is being published on this site - 

for the latest news and features, please go to:
www.mobileeurope.co.uk 

 

@eurocomms