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Telenet confirms Orange talks

November 3, 2022 10.53 Europe/London By Chris Dziadul

Belgium’s Telenet Group Holding has confirmed that it is in discussions with Orange concerning possible future network access on the VOO Network.

It made the statement following the publication of a press article regarding the acquisition of the Walloon cable operator VOO by Orange on Wednesday, November 2. Telenet added that it and Orange have entered into a Memorandum of Understanding (MOU) that will structure further negotiations on this.

As previously reported by Broadband TV News, last December Orange Belgium agreed to buy 75% less one share in VOO, a telecom operator that owns the cable network in the Walloon region and part of the Brussels region, for €1.8 billion.

Reuters reports that the new network deal is aimed at alleviating competition concerns in the midst of an EU investigation into the Orange/VOO transaction.

The European Commission paused its investigation last week while awaiting data from Orange.

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Filed Under: Business, Editor's Choice, Finance, Newsline, Top Story Tagged With: Belgium, Orange, Telenet, VOO Edited: 4 November 2022 13:56

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About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com

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