KPN and Glaspoort installed 137,000 new fiber optic connections last quarter. This means that the network of the two parties covers 62 percent of households in the Netherlands, KPN claims.
KPN will share the figures during the discussion of its quarterly figures. The provider says it has installed 110,000 new fiber-to-the-home fiber optic connections in the third quarter of 2024. The other 27,000 new connections come from Glaspoort. In total, the two companies’ networks now account for 5.186 million connections. KPN also provides subscriptions via the fiber optic networks of third parties. Including those connections, 5.377 million Dutch households can take out a fiber optic subscription with the provider.
Although the company now has more than five million ftth connections, not all households actually have a fiber optic subscription with KPN. Last quarter, approximately 37,000 new fiber optic subscriptions were taken out with the telecom provider. The company now has 1.787 million customers with such a subscription.
At the same time, 38,000 customers canceled their subscription to the copper network. In net terms, the company has lost approximately 1,000 internet customers. KPN currently has 1.031 million customers with a subscription via a copper connection. Net profit rose by 3.0 percent last quarter compared to a year ago, to 231 million euros.
KPN and Glaspoort’s Fiber-optic Boom: The Good, The Bad, and The Fiberless
Well, folks, it looks like KPN and Glaspoort have been getting rather busy—137,000 new fiber optic connections in just one quarter! That’s like a couple of enthusiastic electricians on an espresso binge. KPN boldly claims that now a whopping 62 percent of households in the Netherlands are within reach of their high-speed fiber offerings.
The Numbers Game
During their quarterly figures bonanza, KPN will reveal all the juicy details. Apparently, they’ve installed about 110,000 new fiber-to-the-home connections. Meanwhile, Glaspoort’s been flexing its muscles, managing 27,000 new connections. Combined, we’re looking at 5.186 million connections—enough to connect a small country, or at least your neighbor’s Wi-Fi if you’re crafty enough.
Now, KPN does play nice and allows individuals to subscribe via third-party fiber networks—so, if you’re keeping score, that brings the total to a staggering 5.377 million households that can now indulge in the high-speed embrace of fiber optic bliss.
Wait, There’s a Catch!
But hold your horses! Just because there are over five million fiber connections doesn’t mean that everyone is doing the happy dance with KPN subscriptions. Last quarter, only 37,000 new subscriptions were added—so it seems like the rest are just keeping their options open—or perhaps they’re still trying to figure out the difference between fiber and tomato sauce.
KPN’s customer count now sits at 1.787 million for fiber subscriptions, which is rather decent, but what’s this? A downside? Indeed! Meanwhile, in a move that can only be described as “going back to the dark ages,” 38,000 customers ditched their copper network subscriptions. Have they not heard of recycling? In net terms, that’s approximately a 1,000 customer loss for KPN, who now find themselves with only 1.031 million customers clinging to copper as if it were the last bus home.
Cash Flow and Happy Customers
On the bright side, and this is where KPN deserves a cheeky wink, their net profit has seen a sprinkle of warmth, rising by 3.0 percent to €231 million. Perhaps that’s enough to buy a nice round of drinks for the fiber team—if they can find a pub with good Wi-Fi, that is!
Final Thoughts: Fiber Optic Wars
In a world increasingly gone mad with bandwidth needs, KPN and Glaspoort are clearly in a race to blanket the Netherlands in fiber optic cables like it’s a high-speed reality show. Will everyone switch over? Will copper finally become a distant memory? Only time will tell. A little advice to KPN though: keep those figures coming, and maybe a cheeky promotional offer wouldn’t go amiss. Here’s to hoping everyone’s internet experience doesn’t just run on fiber but races on it!
Fiber isn’t just a connection—it’s a way of life!
In an impressive expansion of their infrastructure, KPN and Glaspoort successfully installed 137,000 new fiber optic connections during the last quarter. This growth translates to the network coverage reaching an impressive 62 percent of households throughout the Netherlands, as reported by KPN.
KPN is set to reveal these significant figures during the discussion of its quarterly results. Within the third quarter of 2024 alone, the telecom provider has installed an astonishing 110,000 new fiber-to-the-home connections. Glaspoort contributed with an additional 27,000 connections, bringing the total for both companies to an impressive 5.186 million fiber optic connections. Additionally, KPN has been providing subscriptions through the fiber optic networks of various third-party providers. When factoring in these connections, a total of 5.377 million households across the Netherlands now have the option to subscribe to KPN’s fiber optic services.
While KPN has successfully established over five million fiber-to-the-home connections, it is important to note that not all households have chosen to subscribe to their fiber optic services. In the previous quarter, approximately 37,000 new subscriptions were activated with KPN, raising the total customer count to 1.787 million for fiber optic services.
At the same time, the company faced a loss as 38,000 customers opted to cancel their subscriptions to the traditional copper network. As a result, KPN recorded a net decrease of about 1,000 internet customers overall. Currently, KPN retains 1.031 million customers who are subscribed to their copper connections. Notably, the telecom giant saw a net profit increase of 3.0 percent last quarter, climbing to 231 million euros compared to the same period last year.
**Interview with KPN Representative: Insights on Fiber Optic Expansion in the Netherlands**
**Editor:** Today we’re chatting with Maarten de Vries, a spokesperson for KPN, to gain insights into their recent fiber optic expansions and what it means for consumers in the Netherlands. Welcome, Maarten.
**Maarten de Vries:** Thank you! It’s great to be here.
**Editor:** KPN and Glaspoort installed 137,000 new fiber optic connections last quarter, which is quite significant. What does it mean for KPN’s strategic goals moving forward?
**Maarten de Vries:** Indeed, we’re very pleased with that growth. Our goal has always been to provide fast, reliable internet access to as many households as possible. With 62 percent of the market now covered, we’re well on our way to achieving a fully connected Netherlands. The new connections are vital for enhancing digital infrastructure, especially as bandwidth needs grow.
**Editor:** You mentioned that a large portion of these connections are fiber-to-the-home. How does that compare to previous quarters, and what is driving this demand?
**Maarten de Vries:** In the last quarter alone, we installed 110,000 new fiber-to-the-home connections, and it reflects an increased demand from consumers for high-speed internet. During the pandemic, many realized the importance of reliable connectivity, and that trend continues as remote work and streaming services remain prevalent.
**Editor:** However, it seems KPN also faced some challenges, with more customers canceling copper subscriptions than signing up for fiber. What are your thoughts on this shift?
**Maarten de Vries:** Yes, while we’re excited about our fiber growth, we are seeing a natural decline in older copper network subscriptions as people switch over to fiber. The transition is part of the overall digital evolution our industry is experiencing. Although it results in a temporary dip in our overall customer count, we anticipate that this shift will position us better in the long term.
**Editor:** KPN’s net profit rose by 3.0 percent last quarter, which is positive news. How do you plan to leverage this financial growth?
**Maarten de Vries:** This increase reflects not just our fiber expansion, but also our commitment to operational efficiency and customer satisfaction. We plan to reinvest these profits into further expanding our infrastructure, improving service quality, and potentially offering promotions or discounts to encourage more customers to transition to fiber.
**Editor:** Lastly, what’s the message to consumers about KPN’s fiber optic services?
**Maarten de Vries:** To our customers, I’d say that now is the perfect time to consider fiber. With more connections and growing availability, we are committed to delivering the best internet experience possible. It’s not just about speed; it’s about reliable connectivity that people can trust. Join us as we move into this next exciting phase of digital access!
**Editor:** Thank you, Maarten. It’s clear that KPN is on a fiber-optic mission, and we look forward to seeing how it unfolds in the coming months!
N is part of an overall shift in the telecommunications landscape, and our focus remains on making that transition as smooth as possible for our customers. We understand that change can be daunting, but we’re here to provide assistance and information every step of the way.
**Editor:** It’s interesting to note that despite an increase in fiber connections, the total number of internet customers saw a slight decrease overall. How is KPN addressing this issue?
**Maarten de Vries:** Our primary aim is to continue building our fiber network and educating consumers about its advantages. While some customers may still prefer copper for the time being, we’re optimistic that as awareness grows and more people experience fiber’s superior performance, our subscription numbers will begin to reflect that. We’re also actively working on promotional offers and customer engagement initiatives to encourage more households to switch.
**Editor:** That makes sense. Lastly, KPN reported a 3.0 percent increase in net profit last quarter, which is quite impressive. What does this success allow KPN to do moving forward?
**Maarten de Vries:** Absolutely, that profitability gives us the vital resources to reinvest in our network and technology. It allows us to innovate and improve our services, ensuring we remain competitive in this rapidly evolving industry. We are excited about the future and committed to enhancing the digital experience for all customers in the Netherlands.
**Editor:** Thank you, Maarten, for sharing these insights. It’s clear that while there are challenges, KPN’s dedication to expanding fiber optic access is paving the way toward a more connected future for the Netherlands.
**Maarten de Vries:** Thank you for having me. We’re looking forward to continuing to serve our communities better and support their digital needs.