KPN fiber now available to over 70 percent of households

KPN has expanded its fiber optic network to cover over 70 percent of Dutch households, reporting strong financial growth and an increase in mobile subscribers for the third quarter. While the company continues to replace traditional infrastructure, concerns remain regarding competitive access to its network and the actual usage rates of its installed fiber connections.
Dutch telecommunications company KPN recently reported that fiber optic access is now available to over 70 percent of households across the country. During the third quarter, the company focused significantly on expanding its fiber infrastructure while also seeing growth in its mobile subscriber base, which gained 24,000 consumer and 42,000 business accounts. Financial results showed a revenue increase to 1.5 billion euros, with net profit rising by 5 percent to 249 million euros. Despite these gains, KPN noted a slower decline in its traditional broadband subscriber numbers.
While KPN continues to replace older telephone lines with fiber optic technology, the company faces scrutiny regarding its network pricing. Competitors utilizing the KPN network have struggled to match the provider's retail pricing, leading many customers to migrate directly to KPN. Furthermore, data indicates that physical deployment varies, as not all reported connections are currently active inside homes. Out of 6 million accessible households, only 5 million have cables fully extended to the meter cupboard, with 3.75 million active internet subscriptions currently in use.
Based on reporting by nu. Translated and condensed by LocalHeadlines.