KPN KON overview

Royal KPN N.V. (KPN) and ABP announce the closing of the transaction to create a new, open Tower Company. Following signing on 5 June 2024 and the approval of the Dutch Authority for Consumers & Markets on 6 February 2025, the joint venture named “Althio” ( www.althio.nl ) will start its operations as per today. This strategic partnership is in line with KPN's ‘Connect, Activate & Grow’ strategy to optimize the value of its passive infrastructure assets and retain strategic flexibility....

Today, Koninklijke KPN N.V. (“KPN”) has successfully issued a € 800 million senior unsecured bond with a 3.375% coupon maturing on 17 February 2035 (the “Bonds”). The new Bonds increase the average maturity of KPN’s outstanding bonds and have been placed with a broad range of institutional investors. The Bonds are issued under KPN’s Global Medium Term Note programme and will be listed on the regulated market of Euronext Dublin. Proceeds will be used for general corporate purposes,...

Today, the Netherlands Authority for Consumers and Markets (ACM) has approved the creation of a new tower company (TowerCo). This approval follows the June 05, 2024 announcement that KPN and Dutch pension fund ABP signed an agreement to create this new company. The transaction is expected to close shortly after this regulatory clearance, at which time KPN will provide an update on the financial impact of the transaction. Formal disclosures: Royal KPN N.V. Head of IR: Matthijs van Leijenhorst...

Today, five members of the Board of Management have purchased shares to increase their shareholding in KPN. This demonstrates their confidence and commitment in the successful execution of KPN’s Connect, Activate & Grow strategy launched in November 2023. Joost Farwerck, CEO of KPN, has purchased 25,000 KPN shares. Chris Figee (CFO), Hilde Garssen (Chief People Officer), Chantal Vergouw (Chief B2B) and Wouter Stammeijer (COO) have purchased 14,000 KPN shares each. In line with KPN’s...

FY24 Group service revenues +3.4% y-on-y (+3.1% organic ), adj. EBITDA AL of € 2,508m (+3.6% y-on-y, or +3.1% excl. Youfone) and FCF of € 900m Continued Group service revenue growth (+2.5% y-on-y, or +2.0% organic) in Q4, with organic growth across all segments Consumer service revenue grew 4.4% y-on-y in Q4, or +1.0% organic Solid commercial momentum in Consumer driving postpaid (+30k) and broadband (+10k) base growth in Q4 Business service revenue grew 2.5% y-on-y in Q4, or +3.1% organic,...

Today, Koninklijke KPN N.V. (“KPN”) announces the redemption of all of the outstanding € 219,400,000 Perpetual Fixed Rate Resettable Capital Securities issued by KPN on 8 November 2019 (ISIN XS2069101868) (the “Securities”). The Securities will be redeemed at their principal amount together with interest accrued up to, but excluding, the First Reset Date, 8 February 2025. The redemption will be paid from available funds on Monday 10 February 2025. Formal disclosures: Royal KPN N.V....