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Royal KPN NV - Company Report
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Company Reports are concise reports that provide a review of the company's activities, corporate strategy and recent developments.
KPN is the leading multimedia company in the Netherlands, providing consumers and consumer households with fixed and mobile telephony, Internet and TV services. To business customers, KPN delivers voice, Internet and data services as well as fully-managed, outsourced ICT solutions. Both nationally and internationally, KPN provides wholesale network services to third parties, including operators and service providers. In Germany and Belgium, KPN pursues a multi-brand strategy with its mobile operations, and serves multiple customer segments in consumer as well as business markets. At December 31, 2006, KPN served 6.3 million wireline voice subscribers, 8.6 million mobile customers, 2.1 million Internet customers and 0.3 million TV customers in the Netherlands, as well as 15.0 million mobile customers in Germany and Belgium. KPN was incorporated in 1989. Its shares are listed on Euronext Amsterdam and on the stock exchanges of New York, London and Frankfurt. The Dutch government sold its remaining 8% stake in KPN in September 2006.
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