No surprises in KPN’s Q3 figures

Telecom group KPN booked turnover of just over €3bn in the third quarter of 2007, practically unchanged on the 2006 figure. Operating profit was up 18% at €680m which was above analysts’ expectations.

KPN’s German mobile telephony arm E-Plus managed to fight off tough competition and add some 500,000 new subscribers. E-Plus turnover was up almost 3% at €735m.
The number of Dutch subscribers with a fixed telephone line continued to fall but the drop was not as sharp as in previous quarters, KPN said.

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