KPN publishes first quarter results 2008

Continued growth in VoIP and TV subscribers

KPN’s broadband market share remained stable at circa 44%. KPN’s broadband strategy is focused on strengthening its leading position in each market segment and on increasing customer value. Telfort broadband was recently successfully launched as a value for money brand. KPN’s share of VoIP net additions has increased and currently stands at approximately 50%. Q1 2008 was another quarter with healthy growth of TV subscribers with 56k net adds. The customer base reached 553k (compared to 296k in Q1 2007), representing a market share of 19% of the digital TV market and 8% of the total TV market. KPN’s IPTV proposition has increased its contribution to net additions in the first quarter.

Platforms and services ready for fiber, first customers connected in April

A key objective of the ‘Back to Growth’ strategy is to stop line loss before the end of 2010 on the back of the rollout of Fiber-to-the-Curb (FttC) and Fiber-to-the-Home (FttH) which will improve KPN’s competitive position vis-à-vis cable. A key milestone towards this objective was achieved in Q1. The first FttC and FttH customers are being connected to triple play offers (of which the existing VoIP and IPTV service platforms are key components).

Wireless network in the Netherlands

As at the end of Q1 2008, KPN’s DVB-H coverage amounted to 70%. The commercial launch of DVB-H (mobile digital TV services) is anticipated for mid 2008.

More: 1Q 2008 Results