Another one bites the dust. Yesterday KPN acquired managed hosting and cloud provider IS Group. IS Group is an independent cloud and hosting provider headquartered in Purmerend with approximately 130 employees and annual revenues of € 25 million. KPN is strengthening its position on the Dutch cloud and hosting market. For this purpose it acquired […] Read more »
Restructuring Plan Will Not Solve KPN’s Problems
The business market is the Achilles heel of KPN Netherlands and KPN IT Solutions is the Achilles heel of KPN Business. Between Q1 2013 and Q3 2014 KPN Netherlands lost a cumulative amount of € 182 million in revenues of which 35% can be attributed to KPN’s consumer division and 65% (€ 118 million) to […] Read more »