KPN reports quarterly decline but consumer business looks strong

Dutch telco KPN has reported a 2.7% year-on-year decline to €1.6 billion for the second quarter of 2017, but the prospects are looking promising in the consumer business.
The challenge seems to be with the business and wholesale divisions, where tough market conditions effected the overall performance, the team has said. Revenues in the business unit were impacted by migrations and rationalization, as well as price pressure in mobile, while the whole sale business saw revenues decline on we