Title: Royal KPN NV (KPN) Q2 2010 Earnings Conference Call July 27, 2010 9:00 AM ET Executives Ad Scheepbouwer – Chairman and CEO Carla Smits-Nusteling – CFO Eelco Blok – Head, International Division Baptiest Coopmans – Head, Dutch Telcom PresentationUnidentified Company Speaker
Good afternoon everyone, thank you for coming over. Warm welcome to all of you here. For those of you who are with (inaudible) webcast. On the platform here today, I have brought the CEO Ad Scheepbouwer, the CFO Carla Smits-Nusteling and head of the international division Eelco Blok, as well as Baptiest Coopmans, heading the Dutch Telcom business. Before I give the floor to the speakers today, I would like to point out to you that we have a lot of topics to discuss today. They are all in the deck you have in front of you and also on the presentation available via our website. But we made a selection of the slides that we would like to discuss with you today to also include the (inaudible) topics that we wanted to share with you. Finally, let me briefly point out to you that the Safe Harbor slides of this presentation, any forward-looking statements made here today do not differ from those already made in the press release this morning. I would like to now handover to Ad Scheepbouwer. Ad Scheepbouwer Good afternoon. (inaudible) of 2010, I will take you through the highlights, Carla will take you through the financials, Eelco through international and Baptiest through the Dutch business and I will do future (ph) later. If we take the highlights then, I think that we continue to have (inaudible) focus. Topline is slightly improving, the reduction this quarter of 1% if you take out the business that we sold and we expect that for the next couple of quarters we have some growth and then topline, I mean slowly moving in the right direction but the main focus has been on cost, customer value and market shares.