KPN NA

Koninklijke KPN NV

TMT


Presented:01/15/2014
Price:€2.73
Cap:$12.30B
Current Price:€3.74
Cap:$16.19B

Presented

Date01/15/2014
Price€2.73
Market Cap$12.30B
Ent Value$22.49B
P/E Ratio77.1x
Book Value€3.43
Div Yield1.62%
Shares O/S4,258.10M
Ave Daily Vol16,880,000
Short IntN/A

Current

Price€3.74
Market Cap$16.19B
Koninklijke KPN N.V., through its subsidiaries, provides telecommunications, and information and communication technology services. It offers fixed and mobile telephony, broadband Internet, and television service, as well as mobile access portfolio of voice, SMS, and data services offering postpaid and prepaid products to consumers. The company also provides voice and broadband services, such as fixed-mobile communication solutions; and network communication services ranging from traditional data services to virtual private network services, such as IP-VPN and E-VPN for business customers. In addition, it offers network and information technology services and infrastructure services to retail and wholesale customers. The company's wholesale services include wholesale line rental, wholesale broadband access, and wholesale fiber provides through its copper, fiber, and mobile networks. Further, it provides end-to-end solutions, including workspace management, services aggregation, connectivity solutions, consulting services, and data center services for corporate enterprise market; and global call termination products, and a portfolio of value-added data services for mobile operators. The company markets its services under the KPN, Hi, Telfort, XS4ALL, Simyo, BASE, E-Plus, Ay Yildiz, Ortel Mobile, XS4ALL, Telfort Zakelijk, Yes Telecom, Talk & Vision, yourfone, and iBasis brand names primarily in the Netherlands, Germany, Belgium, the United Kingdom, and the Americas. Koninklijke KPN N.V. was founded in 1852 and is headquartered in The Hague, the Netherlands.

Highlights

The presenter is long shares of Koninklijke KPN (KPN) at ~EUR 2.40, and believes people are too negative on the fixed line and mobile telecom, broadband and television provider at this time. The market in Europe has consolidated and KPM is relatively well-positioned among the remaining players. He believes the company has the potential to earn EUR 0.30 per-share in 2014, which is 2x what the Street is expecting.

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