KPN Royal KPN NV

Press Release: KPN’s new and improved wholesale offer effective immediately

Royal KPN N.V.
Press Release: KPN’s new and improved wholesale offer effective immediately

26-Aug-2022 / 08:00 CET/CEST


 

KPN’s new and improved wholesale offer effective immediately

Today, KPN published the new and improved offer for access to its fiber networks for wholesale providers. The improved offer will be effective immediately as ACM declared KPN's commitments binding. In the coming years, the CPI-adjustment to wholesale providers will be capped. The new offer applies for a period of 8 years on existing and new fiber networks, creating long-term certainty to providers that want to offer services over KPN's network. This enables superfast internet access via fiber for more and more Dutch households.

On 1 April 2022, KPN informed ACM about its intentions to amend the fiber wholesale access tariffs. ACM assessed this offer and submitted it to the market for consultation, after which KPN made a number of adjustments. ACM has now declared KPN's commitments binding. As a result, the improved offer for access to KPN’s open (virtual) unbundled fiber networks for all wholesale providers is effective as of today.

Consultation led to adjustments

Chris Figee, member of KPN's Board of Management, CFO and responsible for Wholesale:
“KPN took the initiative to significantly improve the terms of its wholesale offer. Following the market consultation, we have further improved our offer, such as a cap on the pass through of inflation to wholesale providers and access conditions for smaller providers. The offer is effective immediately and will be applicable for a period of 8 years. This enables us to continue the roll out of fiber and our successful open network policy, and makes fiber accessible to more Dutch households.”

Fiber

In November 2020, KPN presented its Accelerate to grow strategy. KPN has the ambition to cover the Netherlands with fiber and invests hundreds of millions of euros annually in the roll out of a modern fiber network, replacing its existing copper network. Together with the joint venture Glaspoort, KPN has the ambition to cover approximately 80% of all households in the Netherlands with fiber by the end of 2026.

 

 

For more information:
KPN Royal Dutch Telecom
Investor Relations
Wilhelminakade 123
3072 AP Rotterdam

E-mail:
 

 



Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service

1428693  26-Aug-2022 

fncls.ssp?fn=show_t_gif&application_id=1428693&application_name=news&site_id=research_pool
EN
26/08/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Royal KPN NV

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

AEGON: Uneventful results, US weaker, underlying OCG in line / Air France-KLM: Productivity gains starting to filter through / Arcadis: Weak revenues and EBITA, but strong NWC / Ascencio: Results in line, no concerns on Carrefour Belgium exposure / Azelis: Persisting softness in 4Q25, continued focus on costs and cash / BAM Group: Solid 2H25 results, 2026 outlook in line / Belgian telecoms: Telenet improved net adds, to relist as part of Ziggo in 2027, Liberty to sell half of its 66% Wyre stake ...

David Vagman ... (+2)
  • David Vagman
  • CFA

KPN/Delivering on 2027, Delta still a question mark/HOLD

The stock has rerated in line with the Telecoms sector, +15% YTD, which we factor in with a lower WACC, despite some limited cuts in estimates for 2026 following the CMD and 4Q25 results. KPN deservedly trades at best in class European telecom multiples but we don't see much room for further outperformance. We are in line with management and consensus on the guidance of 7% FCF CAGR to 2027, indirect cost savings offsetting more intense competitive pressure, but are more prudent on the 2027-30 ta...

 PRESS RELEASE

KPN reports on progress of € 250m share buyback

KPN reports on progress of € 250m share buyback KPN has repurchased 1,000,000 KPN ordinary shares in the period from 9 February to 13 February 2026. The shares were repurchased at an average price of € 4.58 per share for a total consideration of € 4.6m. These repurchases are part of the € 250m share buyback started on 29 January 2026 and reflect KPN's commitment to structurally return additional capital to its shareholders. The total number of ordinary shares repurchased until 13 February 2026 is 2,400,000 for a total consideration of € 10.6m. Aggregated transaction details of the share b...

 PRESS RELEASE

KPN announces results of its Tender Offer

KPN announces results of its Tender Offer NOT FOR DISTRIBUTION TO ANY U.S. PERSON OR ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT Introduction On 3 February 2026, Koninklijke KPN N.V. (“KPN”) announced offers to holders of its outstanding £ 400m 5.00% notes due 2026 (ISIN: XS0707430947) (of which £250,000,000 in nominal amount currently remains outstanding) and £ 850m 5.75% notes due 2029 (ISIN: XS0451790280) (of which £549,996,000 in nominal amount currently remains outstanding) (together the "N...

 PRESS RELEASE

KPN announces Indicative Results of its Tender Offer

KPN announces Indicative Results of its Tender Offer Koninklijke KPN N.V. announces indicative results of its tender offer for its £850,000,000 5.75 per cent. Notes due 2029 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA (the United States) OR IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION W...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch