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Proximus launch 5G, but issue profit warning after COVID-19 crisis

2020-04-01 02:00:00| Total Telecom industry news

Belgian telecom operator Proximus launched its 5G telecoms services today, the first operator to do so in the country, while also announcing plans to cut its dividend. The incumbent operator said its 5G rollout would have initial coverage in 30 Belgian cities and at the country&rsquo…read more on TotalTele.com »

Tags: issue profit warning launch

 

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

 
 

Proximus, Orange network joint venture faces delay on competition investigation

2020-01-13 08:56:00| Telecompaper Headlines

(Telecompaper) The Belgian Competition Authority has suspended the planned network sharing venture between Proximux and Orange Belgium until 16 March, while it collects more information on the plans. This follows a complaint from the third mobile operator in Belgium, Telenet. 

Tags: network orange competition joint

 

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