USX:BGAOF - Proximus SA Proximus PLC
Sector: Communication Services, Industry: Integrated Telecommunication Services
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USD 8.34    +0.0 (+0%)

25 Apr 2024


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General

CEO: Mr. Guillaume Boutin

Headquarters: US

Employees: 11,662

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Description

Proximus is the incumbent telecom operator in Belgium. The firm has around 45% share of the broadband market and 30% of the postpaid mobile market, mainly competing with Telenet (mobile and fixed) and Orange (mobile and fixed). Proximus is rolling out fiber to the home in Belgium and expects to have 95% of the country covered by 2032. Its international carrier services division, BICS, is one of the four largest in the world, serving more than 250 operators, which was strengthened in 2017 with the acquisition of Telesign.

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