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In 1970, the company was obliged to provide annual contributions to the governments Treasury. In order to comply with its obligation and create investments, PTT was forced to enforce cut backs and increase service fees, which was highly criticized by the parliament. With the advent of the advancement in telecommunications and information technology and majority of Western governments decided to privatize their state-owned companies, the Dutch government decided to privatize PTT. <ref name=" The History of KPN"/>
In 1970, the company was obliged to provide annual contributions to the governments Treasury. In order to comply with its obligation and create investments, PTT was forced to enforce cut backs and increase service fees, which was highly criticized by the parliament. With the advent of the advancement in telecommunications and information technology and majority of Western governments decided to privatize their state-owned companies, the Dutch government decided to privatize PTT. <ref name=" The History of KPN"/>
On January 1, 1989, PTT was incorporated as '''Royal KPN Nederland NV (KPN).''' Under the 1989 legislation, the Netherlands government was allowed to sell 49% of its share from the company. In 1993, the government announced its plan to sell 51 to 70% of its share between 1994 to 1998. In 1994, the government sold 30% of its share and in 1995 sold another 25% reducing its interest in the company to 45%. <ref> [http://books.google.com/books?id=sWp3cHiYO4IC&pg=PA208&lpg=PA208&dq=1994+State+Government+of+Netherlands+Share+Reduces+on+KPN&source=bl&ots=JwfrQ6gm_q&sig=fMdzHrV0hDFID4AQKs1a75aO1RU&hl=en&sa=X&ei=d1a1T4TZHejy2QWp-8AN&ved=0CFIQ6AEwAg#v=onepage&q=1994%20State%20Government%20of%20Netherlands%20Share%20Reduces%20on%20KPN&f= alse Privatisation and Liberalisation in European Telecommunications: Comparing Britain, the Netherlands and France]</ref> In 2006, the State of Netherlands sold its 7.8% remaining shares in the company. <ref>[http://www.kpn.com/corporate/aboutkpn/investor-relations/corporate-governance/shareholders.htm Annual General Meeting of Shareholders]</ref>
On January 1, 1989, PTT was incorporated as '''Royal KPN Nederland NV (KPN).''' Under the 1989 legislation, the Netherlands government was allowed to sell 49% of its share from the company. In 1993, the government announced its plan to sell 51 to 70% of its share between 1994 to 1998. In 1994, the government sold 30% of its share and in 1995 sold another 25% reducing its interest in the company to 45%. <ref> [http://books.google.com/booksid=sWp3cHiYO4IC&pg=PA208&lpg=PA208&dq=1994+State+Government+of+Netherlands+Share+Reduces+on+KPN&source=bl&ots=JwfrQ6gm_q&sig=fMdzHrV0hDFID4AQKs1a75aO1RU&hl=en&sa=X&ei=d1a1T4TZHejy2QWp8AN&ved=0CFIQ6AEwAg#v=onepage&q=1994%20State%20Government%20of%20Netherlands%20Share%20Reduces%20on%20KPN&f= alse Privatisation and Liberalisation in European Telecommunications: Comparing Britain, the Netherlands and France]</ref> In 2006, the State of Netherlands sold its 7.8% remaining shares in the company. <ref>[http://www.kpn.com/corporate/aboutkpn/investor-relations/corporate-governance/shareholders.htm Annual General Meeting of Shareholders]</ref>
The company entered the Amsterdam Stock Market in 1994, the New York Stock Exchange in 1995, London Stock Exchange and Frankfurt Stock Exchange in 1996. <ref>[http://books.google.com/books?id=ZICke0p6DMgC&pg=PA86&lpg=PA86&dq=KPN+Amsterdam+Stock+Exchange,+London,+Frankfurt&source=bl&ots=Ffr6LjaWnB&sig=rFfj4SgOXzN_cdUk5dLfteexnnA&hl=en&sa=X&ei=f1y1T6iiMKSgiALykPnXAg&ved=0CGsQ6AEwBg#v=onepage&q=KPN%20Amsterdam%20Stock%20Exchange%2C%20London%2C%20Frankfurt&f=false Modernisation and Privatisation of Postal Systems in Europe: New ...]</ref> In 2008, KPN decided to stop trading from the New York, London Stock and Frankfurt Stock Exchanges due to low trading volumes. <ref>
The company entered the Amsterdam Stock Market in 1994, the New York Stock Exchange in 1995, London Stock Exchange and Frankfurt Stock Exchange in 1996. <ref>[http://books.google.com/books?id=ZICke0p6DMgC&pg=PA86&lpg=PA86&dq=KPN+Amsterdam+Stock+Exchange,+London,+Frankfurt&source=bl&ots=Ffr6LjaWnB&sig=rFfj4SgOXzN_cdUk5dLfteexnnA&hl=en&sa=X&ei=f1y1T6iiMKSgiALykPnXAg&ved=0CGsQ6AEwBg#v=onepage&q=KPN%20Amsterdam%20Stock%20Exchange%2C%20London%2C%20Frankfurt&f=false Modernisation and Privatisation of Postal Systems in Europe: New ...]</ref> In 2008, KPN decided to stop trading from the New York, London Stock and Frankfurt Stock Exchanges due to low trading volumes. <ref>