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KPN maintains outlook as underlying revenue falls 3% in Q2

2020-07-27 08:56:00| Telecompaper Headlines

(Telecompaper) Dutch operator KPN reported a drop of 3.0 percent in underlying revenues in the second quarter, to EUR 1.29 billion. Including divestments, sales were down 4.9 percent. The coronavirus crisis impacted roaming revenues and the B2B segment, while personnel costs and investments also were down slightly. KPN said the customer base, both in fixed and mobile, was showing the first signs of bottoming out, after several quarters of decline. 

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