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Proximus sees return to growth year earlier than expected

2015-07-31 10:11:00| Telecompaper Headlines

(Telecompaper) Belgian operator Proximus raised its guidance for the full year, after showing underlying growth in second-quarter results. CEO Dominique Leroy said the company was made good progress on its strategic plan presented after she took office last year and would achieve its ambition to return to growth a year earlier than initially projected. For this year, the operator now expects underlying core revenue growth of around 2 percent and underlying group EBITDA growth of 3-5 percent. The company earlier forecast flat to slightly higher revenues and EBITDA in 2015. In the second quarter, it achieved 2.4 percent annual growth in underlying core revenue to EUR 1.094 billion, which excludes its wholesale business BICS, and adjusted EBITDA up 4.3 percent to EUR 450 million. 

Tags: year return expected earlier

 

New Belgian rules could pave way for Proximus privatisation

2015-05-06 09:50:00| Telecompaper Headlines

(Telecompaper) The Belgian government is preparing legislation that would open the way for the privatisation of Proximus, De Tijd reported. The move would adjust the law of 1991, which said the government had to have a 50 percent stake in the company, plus one extra share. The new rules would make it possible for the government to sell its entire stake in Proximus, although there is still talk of a minimum interest. The new rules are separate from any bids or expressions of interest, such as by KPN this past week. The government has no privatisation plans per se and the legislation will also apply to the national postal operator Bpost.

Tags: rules belgian privatisation pave

 
 

Wyplay integrates Netflix for Belgium's Proximus TV

2015-02-03 11:00:33| Digital TV News

Wyplay has announced the deployment of Netflix on Proximus TV, Belgacoms IPTV offering, which will take place over a period of several months. Gradually Proximus TV customers will have direct access to Netflix via their usual menu.

Tags: tv integrates netflix proximus

 

Alcatel-Lucent and Proximus Celebrate Milestone of 10 Million VDSL2 Vectoring Line Shipments and First Year of Successful Deployment in Belgium

2015-01-15 11:31:15| Industrial Newsroom - All News for Today

Milestone confirms Alcatel-Lucent's market leadership and industry shift from traditional VDSL2 to VDSL2 vectoring to meet urgent demand for ultra-broadband access services. PARIS  Alcatel-Lucent (Euronext Paris and NYSE: ALU) has further underlined its leadership in fixed-line ultra-broadband access by reaching...

Tags: in of year line

 

Cisco and Proximus renew strategic partnership

2015-01-08 10:30:55| Digital TV News

Cisco (NASDAQ: CSCO) and Belgium's Proximus have announced that they have defined three areas for growth: next-generation video delivery for consumers, smart city services for government organizations and service orchestration for B2B customers.

Tags: partnership strategic cisco renew

 

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