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    KPN   NL0000009082

ROYAL KPN N.V.

(KPN)
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Connect confirms: KPN has best Data and 5G network in the Netherlands

12/08/2020 | 06:17pm EDT

KPN's new 5G network came out best' in the Netherlands in the annual benchmark test by connect magazine and umlaut. In addition, KPN's mobile data network received the highest score in the Netherlands and KPN's entire mobile network experience again achieved the highest overall mark of 'outstanding', making KPN one of the best mobile networks in the world.

Best Data and 5G
KPN offers the best mobile data network and the best 5G network in Netherlands. It is the second time this week that KPN's 5G network receives external recognition. Yesterday, KPN was named 'Fastest 5G Network' by Ookla, today KPN received the '5G Innovation Award' by connect. KPN activated its 5G network via the 700MHz frequency band in July and the network currently reaches over two-thirds of the Netherlands. KPN's strategy to renew its entire mobile network ahead of the arrival of 5G is paying off, these independent tests show. This is important as 5G offers a better experience and opens up new applications for businesses.

Babak Fouladi, Chief Technology & Digital Officer and member of the Management Board KPN: 'We are delighted to again receive external recognition for the quality of our mobile network, with the best 5G experience in the Netherlands and the best data network. This is especially good news for our customers as it shows that the renewal of our mobile network, an operation that is still in full swing, significantly improves the mobile network experience, delivering more coverage, capacity and higher download and upload speeds. 5G is the future and for the best 5G you have to go to KPN. Especially in combination with fiber we offer the most powerful converged internet there is.'

'Outstanding'
All in all, KPN's mobile network scores 954 points (on a scale of 1000) in this international benchmark by connect that focusses on the availability of the network, voice quality, call set-up times and download and upload speeds. It is not the first time this year that KPN's mobile network has received recognition. In quarterly surveys by the Consumers' Association into the best mobile provider, KPN consistently scores very high.

To download a copy of the report, click below.

Disclaimer

Koninklijke KPN NV published this content on 08 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2020 23:16:01 UTC


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Financials
Sales 2021 5 223 M 6 231 M 6 231 M
Net income 2021 535 M 639 M 639 M
Net Debt 2021 5 714 M 6 816 M 6 816 M
P/E ratio 2021 20,4x
Yield 2021 5,27%
Capitalization 11 035 M 13 180 M 13 163 M
EV / Sales 2021 3,21x
EV / Sales 2022 3,14x
Nbr of Employees 9 237
Free-Float 79,8%
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Mean consensus OUTPERFORM
Number of Analysts 24
Last Close Price 2,63 €
Average target price 3,12 €
Spread / Average Target 18,6%
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Managers and Directors
NameTitle
Joost F. E. Farwerck Chairman-Management Board, CEO & COO
Chris H. Figee Chief Financial Officer
Duco W. Sickinghe Chairman-Supervisory Board
Babak Fouladi Chief Technology & Digital Officer
Derk Johan Haank Vice Chairman-Supervisory Board
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