Dutch telco KPN sees 10% defence revenue growth as Europe boosts military spending

Koninklijke KPN NV

28/01/2026 08:43

Jan 28 (Reuters) - Dutch telecommunications group KPN KPN expects its defence-related revenue to rise more than 10% in the coming years, CEO Joost Farwerck said on Wednesday, as European nations step up defence investments.

"These are difficult, turbulent times. Europe has to be more self-reliant. That also applies to the Netherlands, and we believe we can play a very important role in cooperation with defence," Farwerck said in a post-earnings call with reporters.

(Reporting by Jakob Van Calster and Gianluca Lo Nostro in Gdansk; Editing by Milla Nissi-Prussak)

((gianluca.lonostro@thomsonreuters.com))