- CEO
- Joost F. E. Farwerck
- Full Time Employees
- 9,136
- Sector
- Communication Services
- Industry
- Telecommunications Services
- Address
- Wilhelminakade 123 Rotterdam ZH Netherlands 3072 AP
- IPO Date
- Oct 23, 1995
- Business
- Koninklijke KPN N.V. (KPN) provides telecommunications and information technology services primarily in the Netherlands. The company offers fixed and mobile telephony, fixed and mobile broadband internet including fiber networks, television services, and infrastructure and network-related IT solutions to retail and business consumers; wholesale network services to third parties; cloud, workspace, cybersecurity, and interconnect traffic services; visitor roaming and digital products via NL-ix interconnect exchange; handsets, peripheral equipment, and software licenses; as well as specialized IT services encompassing domain registration, hosting, VPN solutions, colocation through data centers, managed voice, video, and chat services based on Microsoft Skype for Business software, and offerings tailored to healthcare and public sectors. KPN distributes its products and services under brands such as KPN, XS4ALL, Simyo, KPN Security, KPN Health, Solcon, Inspark, and KPN Partner Network; it operates through Consumer, Business, Wholesale and Network, and Operations & IT segments targeting residential customers, small, medium, and large enterprises, and international businesses via KPN International for global connectivity and wholesale carrier services. Founded in 1989 as Koninklijke PTT Nederland with roots tracing to 1881 through the PTT service and headquartered at Wilhelminakade 123 in Rotterdam, KPN focuses its geographic operations on the Dutch market following divestitures of international subsidiaries in Belgium, Germany, France, and elsewhere during the 2010s. Recent major developments include the February 2025 closing of a strategic partnership with ABP to launch Althio, a new open Tower Company in which KPN holds a 51% stake and fully consolidates, optimizing passive infrastructure value under its Connect, Activate & Grow strategy, resetting lease conditions, and raising 2025 guidance for adjusted EBITDA AL above €2,600 million and free cash flow to approximately €920 million alongside reiterated 3% service revenue growth and €1.25 billion capex; ongoing fiber network expansions adding over 160,000 homes passed in Q2 2025 toward two-thirds coverage of Dutch households with nearly 80% connection rates; a June 2024 agreement for the 3.5GHz spectrum acquisition costing €58.4 million; reaffirmation of mid-term 3-3-7 ambitions through 2027 for approximately 3% CAGR in service revenues and EBITDA AL, 7% in free cash flow, and ROCE to 15%; updated capital allocation returning full free cash flow to shareholders via rebased dividends targeting ~80% of FCF from 2026 with ~14% CAGR dividend-per-share growth through 2027 and share buybacks up to €1 billion over 2024-2027; and capex reduction below €1 billion by 2027 supporting mid-single-digit annual free cash flow growth thereafter.