Wednesday, February 04, 2009
Taking the fiber challenge
It's not often that I copy and paste an entire press release, but it's not on the site yet, so here goes. This is another very clever (though not entirely unexpected) move by KPN, which is a nice incumbent validation of point-to-point fiber and more generally of open networks. And one has to assume that this is very unwelcome news for UPC, which still derives around 15% of EBITDA (at a nice margin) in the Dutch market, centered on Amsterdam.