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KPN Scraps Dividend to Finance Purchase of Web Spectrum – Bloomberg

finance - Google News Dec 14th, 2012 Finance.



KPN Scraps Dividend to Finance Purchase of Web Spectrum
Bloomberg
Royal KPN NV (KPN), the Dutch phone company partly owned by Carlos Slim's America Movil SAB (AMX), cut its dividend as it spent 1.35 billion euros ($1.8 billion) to buy frequencies for faster mobile networks. KPN will not pay a final dividend for 2012 ...

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