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Koninklijke KPN (KKPNY) Upgraded by Nomura to Buy
2015-12-01 17:20:51| Telecom - Topix.net
KKPNY has been the topic of several other research reports. Credit Suisse lowered Koninklijke KPN from an "outperform" rating to a "neutral" rating in a research note on Tuesday, October 13th.
America Movil puts KPN stake up for sale
2015-11-27 01:00:00| Total Telecom industry news
Dutch operator says America Movil will retain a single board member as its stake is being classed as an asset available for sale.
KPN sells 5% stake in Telefonica Deutschland for EUR 805 mln
2015-11-10 13:17:00| Telecompaper Headlines
(Telecompaper) KPN has sold a 5 percent stake in Telefonica Deutschland to institutional investors for EUR 805 million. The 150 million shares were sold in an accelerated bookbuilding at EUR 5.37 each, a small discount to the EUR 5.47 closing price the day prior to the sale. KPN acquired a 20.5 percent stake in Telefonica's German subsidiary when it sold E-Plus to the company last year. With the latest share sale, KPN's stake in Telefonica Deutschland is reduced to 15.5 percent. KPn said it will use 70 percent of the proceeds from the sale to pay dividends and the remainder to stengthen its balance sheet. The Dutch operator agreed to not sell any further shares in Telefonica Deutschland for 90 days.
Tags: eur
deutschland
sells
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KPN raises 805m from Telefonica Deutschland share sale
2015-11-10 01:00:00| Total Telecom industry news
Dutch incumbent cuts minority holding to 15.5% by offloading 150 million shares.
Tags: share
sale
deutschland
raises
KPN launches OTT TV service Play for EUR 12 per month
2015-11-02 10:37:00| Telecompaper Headlines
(Telecompaper) KPN has officially launched its OTT video and TV service Play. Customers can sign up on a dedicated website for a free one-month trial of the service, and those who take a full subscription before year-end will pay a promotional price of EUR 11.99 per month for the first 11 months. The standard price is EUR 14.99 per month. Announced in April and tested in the following months by the Dutch operator, Play offers a range of on-demand content as well as the most popular Dutch channels live. The service works with any internet connection, with no need to be a KPN subscriber. KPN offers apps to use the service on iOS and Android devices, and Play also works over Google's Chromecast. In total, Live offers 22 live channels, including the three NPO public channels, three RTL channels, SBS 6, Discovery Channel and National Geographic. Catch-up and recording options are available for some channels, and on-demand programming from channels such as HBO is also available. In addition, a VOD library of films and series is included. The service is initially offered in SD, and KPN said it's working to improve this to HD, as well as introduce a browser version of Play.
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