KPN

KPN and iBASIS Renew International Services Outsourcing Deal

Retrieved on: 
Wednesday, February 21, 2024

Since its sale by KPN in 2019, iBASIS and its global team have been dedicated to bringing KPN best-in-class services, leveraging the group consolidation and economy of scale strategy of its owner, Tofane Global .

Key Points: 
  • Since its sale by KPN in 2019, iBASIS and its global team have been dedicated to bringing KPN best-in-class services, leveraging the group consolidation and economy of scale strategy of its owner, Tofane Global .
  • iBASIS reports an 80% year-on-year growth in Diameter traffic, which has enabled KPN to deliver reliable, high-speed data roaming services to its subscribers.
  • “iBASIS has been a trusted partner of KPN for the past six years, managing our international voice and mobile services.
  • “We enjoy a strong and mutually beneficial relationship with KPN on voice and mobile services,” added Edwin van Ierland , CEO, iBASIS Voice & Mobile Data.

Storytel Interim Report Q4, 2023

Retrieved on: 
Thursday, February 15, 2024

STOCKHOLM, Feb. 15, 2024 /PRNewswire/ -- "Storytel continued its transformation journey and delivered yet another strong quarter to conclude 2023", says Johannes Larcher, CEO, Storytel.

Key Points: 
  • STOCKHOLM, Feb. 15, 2024 /PRNewswire/ -- "Storytel continued its transformation journey and delivered yet another strong quarter to conclude 2023", says Johannes Larcher, CEO, Storytel.
  • Streaming revenue up 16% to 858 (742) MSEK; or 14% at constant exchange rates (CER)
    Adjusted Gross profit up 20% to 387 (322) MSEK, equaling a margin of 40.9% (37.2%)
    Adjusted EBITDA increased by 62% to 86 (53) MSEK, equaling a margin of 9.1% (6.1%)
    Adjusted Operating profit of -8 (-32) MSEK, and -680 (-50) MSEK including IACs
    Streaming revenue grew 12% to 3,242 (2,888) MSEK; or 9% at constant exchange rates
    Group revenue increased by 9% to 3,489 (3,200) MSEK, or 10% when excluding Russia
    Adjusted EBITDA increased by 169% to 248 (92) MSEK, equaling a margin of 7.1% (2.9%)
    Storytel recognized Items Affecting Comparability (IACs) of 672 MSEK, following the sharpened focus on profitability.
  • Of these IACs, 465 MSEK relate to non-cash impairment charges on goodwill attributed to Audiobooks.com
    Storytel launched a strategic partnerships with the Dutch telecom operator KPN, which has already been driving meaningful subscriber acquisition in The Netherlands
    Storytel announced an efficiency optimization initiative that will be implemented during the first quarter of 2024, including a 13% reduction in workforce
    Storytel extended the existing revolving credit facility (RCF) until 2 April 2025 and reduced the facility to 750 MSEK, at otherwise unchanged terms

Storytel Interim Report Q4, 2023

Retrieved on: 
Thursday, February 15, 2024

STOCKHOLM, Feb. 15, 2024 /PRNewswire/ -- "Storytel continued its transformation journey and delivered yet another strong quarter to conclude 2023", says Johannes Larcher, CEO, Storytel.

Key Points: 
  • STOCKHOLM, Feb. 15, 2024 /PRNewswire/ -- "Storytel continued its transformation journey and delivered yet another strong quarter to conclude 2023", says Johannes Larcher, CEO, Storytel.
  • Streaming revenue up 16% to 858 (742) MSEK; or 14% at constant exchange rates (CER)
    Adjusted Gross profit up 20% to 387 (322) MSEK, equaling a margin of 40.9% (37.2%)
    Adjusted EBITDA increased by 62% to 86 (53) MSEK, equaling a margin of 9.1% (6.1%)
    Adjusted Operating profit of -8 (-32) MSEK, and -680 (-50) MSEK including IACs
    Streaming revenue grew 12% to 3,242 (2,888) MSEK; or 9% at constant exchange rates
    Group revenue increased by 9% to 3,489 (3,200) MSEK, or 10% when excluding Russia
    Adjusted EBITDA increased by 169% to 248 (92) MSEK, equaling a margin of 7.1% (2.9%)
    Storytel recognized Items Affecting Comparability (IACs) of 672 MSEK, following the sharpened focus on profitability.
  • Of these IACs, 465 MSEK relate to non-cash impairment charges on goodwill attributed to Audiobooks.com
    Storytel launched a strategic partnerships with the Dutch telecom operator KPN, which has already been driving meaningful subscriber acquisition in The Netherlands
    Storytel announced an efficiency optimization initiative that will be implemented during the first quarter of 2024, including a 13% reduction in workforce
    Storytel extended the existing revolving credit facility (RCF) until 2 April 2025 and reduced the facility to 750 MSEK, at otherwise unchanged terms

Actility Raises $17.3 Million to Lead Low-Power IoT Market Surge and Drive Sector Consolidation

Retrieved on: 
Thursday, December 7, 2023

AI cannot operate without data, and our technology anchors AI to the real world across numerous industries," affirms Olivier HERSENT, founder and CEO of Actility.

Key Points: 
  • AI cannot operate without data, and our technology anchors AI to the real world across numerous industries," affirms Olivier HERSENT, founder and CEO of Actility.
  • This funding comes amid a strong market recovery for IoT and a strategic expansion of the company to serve the enterprise market.
  • Actility sets the pace in the LPWAN market, connecting upwards of 4 million devices and overseeing ThingPark-operated LPWAN networks with in excess of 40,000 base stations.
  • By making IoT ubiquitous, Actility aims to digitize industries globally, fostering efficiency, safety, and environmental stewardship for our planet's future.

Prodapt strikes partnership to help ServiceNow expand telecom, media & tech business

Retrieved on: 
Monday, September 18, 2023

Prodapt, the largest and fastest-growing specialized firm in the Connectedness industry, has entered into a partnership to enable ServiceNow to expand its telecom, media and tech (TMT) business to help Communication Service Providers (CSPs).

Key Points: 
  • Prodapt, the largest and fastest-growing specialized firm in the Connectedness industry, has entered into a partnership to enable ServiceNow to expand its telecom, media and tech (TMT) business to help Communication Service Providers (CSPs).
  • With a sizeable team of certified ServiceNow consultants and network architects, Prodapt is executing ServiceNow-driven transformation projects with the largest CSPs across the globe.
  • Prodapt is part of the 128-year-old business conglomerate The Jhaver Group, which employs over 30,000 people across 80+ locations globally.
  • ServiceNow, the ServiceNow logo, Now, Now Platform, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries
    View source version on businesswire.com: https://www.businesswire.com/news/home/20230915624432/en/

Harrisburg Housing Authority and Lobar Associates Receive Award of Excellence in Job Order Contracting

Retrieved on: 
Thursday, September 14, 2023

Greenville, SC, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Gordian, the leading provider of unrivaled insights, robust technology and comprehensive expertise for all phases of the building lifecycle, announces Harrisburg Housing Authority (HHA) as the 2022 Harry H. Mellon Award of Excellence in Job Order Contracting (JOC) recipient.

Key Points: 
  • Greenville, SC, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Gordian, the leading provider of unrivaled insights, robust technology and comprehensive expertise for all phases of the building lifecycle, announces Harrisburg Housing Authority (HHA) as the 2022 Harry H. Mellon Award of Excellence in Job Order Contracting (JOC) recipient.
  • “It’s an honor to present the Award of Excellence in Job Order Contracting to Harrisburg Housing Authority and Lobar Associates for their exceptional work,” said Kris Gorriarán, President of Gordian.
  • The collaboration between Harrisburg Housing Authority, Lobar Associates and Gordian truly exemplified Job Order Contracting excellence.”
    JOC is an Indefinite Delivery Indefinite Quantity (IDIQ) construction delivery method that allows many projects to be completed through a single, competitively awarded contract.
  • HHA opted to access a Gordian Job Order Contract through the Keystone Purchasing Network (KPN), a Pennsylvania co-op.

Announcing the Inaugural CPaaS Acceleration Summit in Amsterdam From 18-20 September

Retrieved on: 
Wednesday, September 6, 2023

AMSTERDAM, Sept 6, 2023 - (ACN Newswire) - The first-ever dedicated event for the CPaaS industry, the CPaaS Acceleration Summit, is set to take place from 18-20 September in the bustling city of Amsterdam.

Key Points: 
  • AMSTERDAM, Sept 6, 2023 - (ACN Newswire) - The first-ever dedicated event for the CPaaS industry, the CPaaS Acceleration Summit, is set to take place from 18-20 September in the bustling city of Amsterdam.
  • CPaaS Acceleration Summit in Amsterdam - 3 days of CPaaS insights, inspiration and impact this 18-20 September in Amsterdam
    - Global Participation: With over 80 renowned companies attending, 250+ dedicated attendees, and representation from 65+ member companies, this summit stands as a testament to the growing relevance and influence of the CPaaS industry.
  • Rob Kurver, founding partner of the CPaaS Acceleration Alliance said, "We are thrilled to host the first dedicated CPaaS event.
  • Attendees will walk away inspired and equipped to drive further growth as the CPaaS industry races to $100B in 2030."

InterDigital to Showcase Energy Aware Video Solutions and Critical Codec Contributions at IBC 2023

Retrieved on: 
Tuesday, September 5, 2023

InterDigital will showcase cutting-edge video innovation at IBC, one of the industry’s leading content and technology shows taking place in Amsterdam from September 15 – 18, 2023.

Key Points: 
  • InterDigital will showcase cutting-edge video innovation at IBC, one of the industry’s leading content and technology shows taking place in Amsterdam from September 15 – 18, 2023.
  • At IBC, InterDigital will showcase an array of research contributions to video codecs, advanced HDR solutions, and pioneering innovations in energy aware media technologies at the Media Coding Industry Forum (MC-IF) and Ultra HD Forum booths, and the IABM Lounge.
  • At the MC-IF booth, located in Hall 8 at Booth B45 (8.B45), InterDigital will spotlight VVC contributions and energy aware media solutions that help reduce a video screen’s energy consumption by intelligently optimizing pixel brightness.
  • At the Ultra HD Forum booth, located in Hall 10 Booth C09 (10.C09), InterDigital will showcase demos on energy aware media and Advanced HDR solutions.

Press Release: KPN delivers continued Group service revenue growth, driven by strong commercial momentum

Retrieved on: 
Monday, July 24, 2023

Press Release: KPN delivers continued Group service revenue growth, driven by strong commercial momentum

Key Points: 

Press Release: KPN delivers continued Group service revenue growth, driven by strong commercial momentum
The issuer is solely responsible for the content of this announcement.
KPN is pleased to announce its Q2 2023 results.
The accompanying webcast will be held today at 13:00 CEST.

Press Release: KPN successfully issues € 600m Senior bond

Retrieved on: 
Tuesday, June 27, 2023

Today, Koninklijke KPN N.V. (“KPN”) has successfully issued a € 600 million senior unsecured Eurobond with a 3.875% coupon maturing on 3 July 2031.

Key Points: 
  • Today, Koninklijke KPN N.V. (“KPN”) has successfully issued a € 600 million senior unsecured Eurobond with a 3.875% coupon maturing on 3 July 2031.
  • The new Eurobond increases the average maturity of KPN’s outstanding bonds and has been placed with a broad range of institutional investors.
  • The Eurobond is issued under KPN’s Global Medium Term Note programme and will be listed on the regulated market of Euronext Dublin.
  • KPN has a credit rating of Baa3 with stable outlook by Moody's, BBB with stable outlook by S&P and BBB with stable outlook by Fitch.