Royal KPN NV (GB:0O8F) has released an update.
Royal KPN NV has secured 100 MHz of 3.5 GHz spectrum in the Dutch auction for €58.4 million, with licenses lasting until 2040. This acquisition will bolster their 5G capabilities, ensuring enhanced network capacity and throughput to meet increasing mobile data demands. CEO Joost Farwerck highlights the move as a continuation of KPN’s high-quality mobile services and a step forward in their 5G evolution.
For further insights into GB:0O8F stock, check out TipRanks’ Stock Analysis page.
