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KPN Reports Loss For Q3(dpa-AFX International Compact Via Acquire Media NewsEdge) THE HAGUE (dpa-AFX) - Dutch telecom company Koninklijke KPN NV (KKPNY.PK, KPN) Tuesday reported a net loss for its third quarter, compared with profit last year, as a decline in mobile prices and revenues from business customers more than offset customer growth. Net loss totaled 76 million euros, compared with a profit of 87 million euros a year earlier. The company also incurred costs of 114 million euros due to the increase in option liability for Reggefiber. Excluding the revaluation of the option, KPN reported a net profit of 38 million euros. Adjusted EBITDA totaled 650 million euros, compared with 762 million euros a year ago. Revenues declined 3.9 percent to 1.98 billion euros from 2.08 billion euros a year earlier. KPN intends to pay a total dividend of 0.07 euro per share for 2014. Copyright RTT News/dpa-AFX |