KPN third-quarter core profit falls by 13 percent


BRUSSELS, Oct 22 (Reuters) - Dutch telecoms group KPN reported a 13 percent fall in core profit in the third quarter, as a rise in earnings at its Dutch residential unit was not able to make up for declines in its Belgian and Dutch mobile businesses.

Core profit (EBITDA) adjusted for restructuring costs dropped 13 percent to 762 million euros ($1.04 billion).

KPN's reported numbers excluding its German unit E-Plus, which is to be sold to Telefonica in a 8.55 billion euro deal.