KPN has reiterated that it sees network sharing of its German E-Plus subsidiary as a way to cut costs, although hinting that it was so far struggling to find a partner to do so.
Thorsten Dirks, CEO Mobile International at KPN, said in an analysts…
KPN has reiterated that it sees network sharing of its German E-Plus subsidiary as a way to cut costs, although hinting that it was so far struggling to find a partner to do so.
Thorsten Dirks, CEO Mobile International at KPN, said in an analysts presentation today that “the option to form a network sharing deal is always there. However, this requires two parties and the cost savings would depend on the specific network architecture and the rollout strategies.”
He said KPN would look at network sharing options “in the coming period”.
Asked during the Q&A session if there was no chance for network sharing with Telefonica O2 Germany or for an outright sale of E-plus, Dirks remained vague, but reiterated that “it takes two to tango” for network sharing.
KPN today reported revenues of €12.708bn in 2012, down 3.5% on the 2011 result. The incumbent also announced plans for a 4bn rights issue.
