KPN preparing new strategic plan and cost reductions

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(Telecompaper) KPN is preparing further restructuring and cost cuts, people familiar with the matter told Telecompaper. The Dutch operator’s new CEO Maximo Ibarra has hired McKinsey to look at the business, and this is expected to lead to new measures to reduce costs. Further details are expected before year-end, likely at the company’s Capital Markets Day in November. 
Source: Industry News (syndicated from Telecompaper.com)

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