• Subscribe
  • Advertise
    • Media Info
    • Terms & Conditions for Advertisers
    • Mechanical Data

Broadband TV News

Independent. Since 2003

  • Home
  • News Line
    • Central & East Europe
    • People
  • TV
    • On Demand/VOD
    • IPTV
    • Cable
    • Satellite
    • Terrestrial
    • Distribution
  • Business
  • Tech
  • Columns
    • Chris Dziadul
    • Julian Clover
    • Robert Briel
  • Events
    • Events Diary
    • BTN Events
    • Events Coverage
    • Submit the details of your event
  • Features
  • Resources
    • White Papers

Proximus outlines strategic plan

January 16, 2023 11.57 Europe/London By Chris Dziadul

The Belgian operator Proximus has unveiled a new growth strategy named bold2025.

According to the company, it is built on a foundation of unique domestic and international assets that are truly positioned in their markets to capture growth and provide long term sustainable value for all its stakeholders.

Proximus adds that the strategy is set out in six connected pillars. The first is to roll out the number one Gigabit network in the country, offering fibre to 50% of households by 2025 and 95% by 2032, as well as 100% 5G deployment by 2025.

The second is to engineer technology assets to enable digital ecosystems and third to foster an engaging culture & empowering ways of working.

The final three pillars are acting for an inclusive society & be sustainable in everything the company does; delighting customers with an unrivalled experience; and growing profitably locally & globally through strong brands.

From a financial perspective, Proximus expects its domestic revenues to grow by 1-3% this year. It will activate its second wave of cost savings, with €220 over three years, with domestic EBITDA expected to return to the 202 level in 2025.

Meanwhile, the company’s international activities will provide it with a unique pathway to take leadership positions in double-digit growth markets.

As part of bold2025, Proximus will also reduce its dividend to €0.60 per share in 2024 and 2025. It will be kept at the current level of €1.20 this year.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related

Filed Under: Newsline Tagged With: Belgium, Proximus Edited: 16 January 2023 11:57

Avatar photo

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

Latest News

  • SES holds Intelsat merger talks
  • PSBs to retain prominence in on demand age
  • Cyfrowy Polsat issues initial results
  • TalkTalk comes last in Which? customer satisfaction survey
  • Vodafone and Microsoft partner in Romania

Free Ebook

Whitepaper: Why Wi-Fi 6 is Key for ISP Success

Wi-Fi 6 and Wi-Fi 6E client devices are entering the home in an unprecedented way, surpassing 50% market share since their introduction in 2019 (compared to four years for Wi-Fi 5). … [Download the eBook...]

Q & A

Q&A with Przemyslaw Frasunek, Redge Technologies

Broadband TV News speaks with Przemyslaw Frasunek, the CEO of Redge Technologies, about the CEE region OTT landscape and the most effective video security solutions.

Broadband TV News

  • Subscribe
  • About us
  • Contacts
  • Logos & Pictures
  • Privacy Policy
  • Terms and Conditions

Advertising

  • Media Info
  • Terms & Conditions
  • Mechanical Data
  • Video Services

News

  • Latest
  • Central & East Europe
  • TV
  • Tech
  • Streaming
  • Cable
  • Satellite
  • Terrestrial
  • IPTV
  • Business
  • People

Events

  • Events Diary
  • BTN Events
  • Submit the details of your event
  • Media Meet & Greet

Broadband TV News

PO Box 499
Cambridge
United Kingdom
CB1 0AH
news@broadbandtvnews.com

Connect with Us

 

Copyright © 2023 Broadband TV News LLP · Log in

 

Loading Comments...