KPN Internet
 |
|
| Naamloze vennootschap | |
| Traded as | Euronext: KPN |
| Industry | Telecommunications |
| Founded | 19th century (founded), 1989 (privatised) |
| Headquarters | The Hague, Netherlands |
|
Key people
|
Eelco Blok (CEO), Duco Sickinghe (Chairman of the supervisory board) |
| Products |
Landline Mobile Telephony Internet Digital Terrestrial Television IT services IPTV |
| Revenue | €8.472 billion (2013) |
| €2.883 billion (2013) | |
| Profit | €1.026 billion (2013) |
| Total assets | €25.872 billion (2013) |
| Total equity | €5.303 billion (2013) |
| Owner | Stichting Preferente Aandelen B KPN (50.07%) America Movil (14.86%) Capital Group Companies (10.68%) Norges Bank (3.09%) BlackRock (2.69%) Ontario Teachers' Pension Plan (2.19%) JP Morgan Chase (1.07) |
|
Number of employees
|
14,680 (FTE, dec 2015) |
| Subsidiaries |
Getronics Telfort Simyo Base E-Plus XS4ALL Planet Internet |
| Website | www.kpn.com |
KPN (in full Koninklijke KPN N.V., also Royal KPN N.V.) is a Dutch landline and mobile telecommunications company. KPN started as a public telecommunications company and is based in The Hague, Netherlands.
The company was formerly called Koninklijke PTT Nederland, and prior to that Staatsbedrijf der Posterijen, Telegrafie en Telefonie or PTT and was the publicly owned fixed-line operator of the Netherlands. KPN took on its present form on 1 January 1989 when the PTT was privatised. Before the spin-off of TPG, the company also controlled the national Dutch postal services. The Dutch government progressively privatized KPN beginning in 1994, reducing its stake to 6.4% in 2005, and finally completed the process in 2006, giving up its golden share veto rights.
In 2001 KPN tried to merge with the Belgian telco Belgacom. It did not succeed because of the objections of the Belgian government. In 2001, Spanish Telefonica expressed an interest in buying KPN.
The Japanese mobile telephone company NTT DoCoMo holds a 2% stake in KPN Mobile NV. From 2002 until 2007 KPN Mobile provided i-mode services on its mobile phone networks. i-mode as introduced by KPN's E-Plus in Germany in March 2002 and by KPN Mobile The Netherlands in April 2002 was the first mobile Internet service in Europe (ahead of Vodafone's V-live).
KPN partly owned KPNQwest, a telecommunications company equally owned by KPN and the American Qwest Communications International. The company was set to bring together the state-of-the-art fibre-optic networks of the two partners and the Internet services expertise and customer base of EUnet International. The company collapsed in a bankruptcy in 2002.
KPN also has operational synergies through joint ventures with TDC and Swisscom.
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Wikipedia