Spanish Business

In Spain, where KPN also operates the Simyo brand, the company is seeing a “great influx” of customers looking for lower phone rates, Dirks said. The company’s Belgium unit is doing “very well,” he said. Vodafone’s Spanish unit is negotiating to buy KPN’s Spain assets, El Economista reported last month, citing unidentified people with knowledge of the matter. Both companies declined to comment on the report. UGG Classic Cardy Boots In the third quarter, KPN had its first quarterly profit in the “Rest of World” segment, which includes France and Spain, based on earnings before interest, taxes, depreciation and amortization. It extended the low-cost Ortel brand to Switzerland on Oct. 5. KPN’s German E-Plus division, also headed by Dirks, will try to increase profitability next year after reaching a ratio of Ebitda to sales of 42.2 percent in the last quarter, he said. E-Plus will invest in its local network to compete with other operators in the country, such as Vodafone and Deutsche Telekom AG (DTE), by focusing on reliable data transmission rather than on high-speed downloads, Dirks said.