. In late July, top Dutch carrier KPN (KPN) reported another grim quarter and slashed its dividend from €0.50 to €0.35. The carrier once again cited steep erosion in text-messaging volumes as a drag on sales and earnings. SMS has been a goldmine for operators over the past decade because the simple mobile phone messaging service yields profit margins greater than 90%.
Boy Genius Report , First, WhatsApp ate the Netherlands…, First, WhatsApp ate the Netherlands…
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