KPN Posts Q3 Net Loss
October 22, 2013 at 04:54 AM EDT
Royal KPN NV (OTC: KKPNY ) posted a net loss in the third quarter. KPN swung to a net loss of EUR243 million ($332.4 million), versus a year-ago profit of EUR267 million. Its sales fell 7.6% to EUR2.08 billion, while operating profit declined 14% to EUR743 million. KPN shares closed at