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Proximus lowers dividend to accelerate investment in fibre roll-out
2020-03-31 09:30:00| Telecompaper Headlines
(Telecompaper) Belgian operator Proximus has unveiled its new strategic plan #inspire2022 at its Capital Markets Day. The new CEO Guillaume Boutin plans to focus on increased capital investment in order to accelerate growth. The company is launching 5G services using existing spectrum, plans to add up to 1 million more fibre premises passed to its targets and is seeking a greater presence in the wholesale and business markets. The extra investment will result in a lower dividend in the year to come.
Tags: investment
dividend
fibre
accelerate
Category:Telecommunications