Finance
Dutch telco KPN sees 10% defence revenue growth as Europe boosts military spending
Published by Global Banking and Finance Review
Posted on January 28, 2026
1 min readLast updated: January 28, 2026
Quick Summary
KPN projects over 10% growth in defence revenue as European countries boost military spending, emphasizing the need for self-reliance.
KPN Anticipates Over 10% Growth in Defence Revenue Amid Rising Military Spending
KPN's Defence Revenue Outlook
Jan 28 (Reuters) - Dutch telecommunications group 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.
CEO's Insights on European Military Spending
"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.
The Role of KPN in Defence Cooperation
(Reporting by Jakob Van Calster and Gianluca Lo Nostro in Gdansk; Editing by Milla Nissi-Prussak)
Key Takeaways
- •KPN expects over 10% growth in defence revenue.
- •European nations are increasing military spending.
- •CEO Joost Farwerck highlights the importance of self-reliance.
- •KPN aims to play a key role in defence cooperation.
- •The Netherlands is focusing on enhancing defence capabilities.
Frequently Asked Questions about Dutch telco KPN sees 10% defence revenue growth as Europe boosts military spending
1What is defense revenue?
Defense revenue refers to the income generated from contracts and services provided to military and defense organizations. This can include telecommunications services, technology solutions, and other support services for national security.
2What is a telecommunications group?
A telecommunications group is a company or organization that provides communication services, such as telephone, internet, and broadcasting. These groups often play a crucial role in supporting various sectors, including defense.
