European operator group KPN reported a whopping 98 per cent year on year drop in net income for the quarter to the end of March. The operator blamed intense competition in its mobile markets leading to decline in ARPU and competitive pressure in the business environment for the steep decline in profitability.
KPN’s carrier services operation, iBasis, this week scored an LTE signalling exchange and roaming contract from Claro Peru, a subsidiary of America Movil.
As the Informer was routinely deleting his morning email today he overheard one of his colleagues exclaim that they had just downloaded “a really great album of Crowded House covers.” Now the Informer is not normally one to judge but that’s a sentence he never expected to hear. The only real exposure the Informer has had to the Aussie chart toppers is those two songs that everybody knows and that was only because an ex-housemate, who had the worst music taste in the world, had a big crush on them.
Belgian incumbent operator Belgacom has launched a cloud storage service for its fixed internet customers, offering 10GB of storage for free, 30GB for a monthly fee of €2.95 and 200GB for €9.95/month. The Belgacom Cloud service will also enable users to access stored files across the operator’s pay TV system, Belgacom TV.
The Cloud Team Alliance, a partnership inked between Belgian telco Belgacom and Numergy, a French cloud computing specialist, announced this week that the group has extended its alliance to include two other European operators, Portugal Telecom and KPN.
Only around a fifth of respondents to the Telecoms.com Intelligence Industry Survey 2014 strongly believe that mobile operators are justified in charging LTE roaming at a premium to other roaming services. But even fewer expect that specialist roaming providers will come to dominate the retail roaming market, suggesting that mobile operators will continue to derive vital revenues from roaming, despite pressure on tariffs from competition and regulation.
Dutch operator KPN has recorded a ten per cent year on year drop in revenues for FY2013, as well as a 6.7 per cent drop in net profit. The group added that it is looking to create a leaner operating model by making redundancies over the next two years.
The carrier services arm of Telecom Italia, TI Sparkle, has announced an LTE roaming peering agreement with wholesaler iBasis, a subsidiary of Dutch operator group KPN.
Latin American operator group America Movil has increased its stake in European operator group Telekom Austria. The LatAm group, controlled by billionaire Carlos Slim, has agreed to acquire 13.9 million shares in Telekom Austria, through Carso Telecom, a holding company owned by America Movil. The shares equate to a 3.14 per cent stake in the European group.
Belgium’s three mobile operators, Belgacom, Mobistar and KPN-owned Base have each received 2 x 10MHz of 800MHz spectrum in the country’s latest spectrum auction, at a price of €120m per allocation. There were no other entrants in the auction, which was run by Belgian regulator BIPT.
Dutch operator group KPN has announced a strategic alliance with Ascom Wireless Solutions that will see the two firms develop joint offerings for the healthcare segment.
Keynote speakers on the first day of the Broadband World Forum talked about changing network architectures to build an internet better designed for a generation that has grown up with broadband access.
Latin American operator group América Móvil has abandoned its attempt to acquire Dutch operator KPN. The Mexican group said the blocking move made by the KPN Foundation in August had left it unable to “fulfil its aim” with the deal.
Spain’s Telefónica has confirmed that it is in discussions with Czech investment group PPF surrounding the sale of its Czech operation O2. In a stock market announcement following speculation in the financial press, Telefónica said that it is “exploring strategic options in relation to its stake in Telefónica Czech Republic, including conversations with investor group PPF, with nothing certain whether an agreement will be reached, or final terms and conditions.”
Shareholders in Dutch operator group KPN have approved the sale of German subsidiary E-Plus to Telefónica Deutschland at an extraordinary general meeting.
Remember having to hang up the land line to use the internet? Or before that, when hours of entertainment could be derived from a simple game of Pong? Typewriters, fax machines, floppy disks, car phones and beepers were all the rage at some point in time. The Informer, like Pepperidge Farm, remembers.
Dutch operator group KPN has announced it is expecting to make a loss of €3.7bn that it can deduct against taxes as a result of the sale of its German subsidiary E-Plus to Telefonica Deutschland.
Dutch operator group KPN’s chief financial officer Eric Hageman has stepped down from his role, citing personal circumstances. His resignation comes as Latin American group America Movil attempts a full takeover of KPN; a deal that has met with a number of challenges.
Mexican operator América Móvil has said that it is prepared to withdraw its €2.40/share bid for ownership of Dutch incumbent KPN after the independent KPN foundation exercised an option to buy shares that has given it almost 50 per cent of the voting rights in the telco.
Netherlands-based operator KPN on Wednesday created a group CTO role and appointed the head technology officer at the flagship domestic operation to the role.