KPN announces second phase of cost cutting
07 March 2016 |
Dutch telecoms operator KPN is aiming to cut an additional €300 million in costs by 2019, primarily through streamlining network infrastructure and IT.
KPN said it is on track to reduce approximately €450 million by the end of 2016, compared to the end of 2013. With the extended cost cutting programme, KPM hopes to save a total of €750 million by the end of 2019.
The operator also revealed that its strategic priorities for the next three to five years include growing consumer revenues by increasing fixed-mobile penetration and growing revenues per household.
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