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Morningstar•January 31, 2024
Morningstar•January 31, 2024Koninklijke KPN N.V.: KPN Earnings: Raising Fair Value Estimate; Keeps Outperforming Peer VodafoneZiggo
Symbols
KKPNYSector(s)
Communication Services
Rating
Current Price
$3.65
Fair Value
Economic Moat
Stewardship
Summary
KPN is the incumbent telecom operator in the Netherlands. It has close to 40% share of the broadband market and 20% of the postpaid mobile market, mainly competing with VodafoneZiggo (mobile and fixed) and T-Mobile Netherlands (mainly mobile). KPN is rolling out fibe
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