Market intelligence, trend analysis and forecasts for the Telecoms industry across the regions

Companies / Belgium

Belgacom Takes Full Control Of Mobile Division

August 2006 | Company News Alert

Belgian telecoms incumbent Belgacom could merge with its mobile subsidiary Proximus, after agreeing to buy Vodafone's stake in the operator for EUR2bn. The deal will give Belgacom 100% control over Proximus, which is Belgium's largest mobile operator. 'The agreement with Vodafone will allow us to strengthen the co-operation within our group, and respond to the market trend towards convergence by focusing on delivering fully integrated solutions to our customers,' said Belgacom Chief Executive Didier Bellens.

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