UPDATE 1-KPN profit worse than expected on mobile revenue squeeze

* Q4 core profit 614 mln euros vs 652 mln expected

* Dutch mobile revenues fall by 13 pct after 9.6 pct Q3 drop

* To pay dividend of 0.07 euros per share in 2014

BRUSSELS, Feb 4 (Reuters) - Dutch telecoms group KPN reported worse than expected core profit in the fourth quarter, as revenues from its Dutch mobile phone business fell at a faster rate than in the previous quarter.

The group, which in 2013 fended off a takeover bid by its largest shareholder Carlos Slim's America Movil, said on Tuesday revenues from its Dutch mobile business fell 13 percent in the quarter, down from the 9.6 percent drop in the third quarter.

KPN said this was caused by a competitive market and consumers not using more data and calls than included in their monthly subscription.

The Dutch mobile market has been tough for KPN, as traditional revenue streams from texts and calls dried up with users switching to internet applications instead.

Its Belgian operations also saw a fall in revenues in the quarter, albeit less pronounced than in the Netherlands.

Overall, core profit (EBITDA) fell 30 percent in the fourth quarter to 614 million euros ($830 million), below the 652 million expected in a Reuters poll of seven analysts.

KPN has fared better in its residential business, where it offers broadband internet, TV and fixed telephone services and competes with cable operators such as Ziggo and UPC , as it increasingly managed to sell more than one service to its clients with a bundled offer.

Revenues in this business segment increased by 2.5 percent, with core profit rising by 16 percent.

The group said it expected to resume dividend payments of 0.07 euros per share in 2014, subject to the completion of the sale of its German unit EPlus to Spain's Telefonica.

KPN said in October it would spend 4.7 billion euros on its networks between 2013 and 2015 though it did not repeat this target on Tuesday.