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Cash is king

6 February 2007 By Mike Verdin

The Dutch telecoms firm says it will keep a lid on its tax and capex bills. That will allow it to keep splurging on buybacks and dividends. That will help KPN get back into investors good books. It may renew the interest of private equity firms looking for a home for their cash. The Dutch telecoms firm has provided optimistic forecasts, which will allow it to keep splurging on buybacks and dividends. Investors may be persuaded. But if not, private equity firms, which are looking for a home for their cash, may take the bait.

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