Telenet shareholder Lucerne has written a letter saying it will start legal proceedings if the Belgian company and its board don’t comply by August 1 with demands tied to Telenet’s relations with its parent, Liberty Global, reports Belgian newspaper De Tijd.
After the green light from the European Commission, the Belgian regulators combined in CRC have paved the way for more competition in the broadband and broadcasting markets.
Belgian cable operator Telenet has appointed Erik Van den Enden as the new Chief Finance Officer as of August 16.
Thee three main Belgian ISPs Proximus, Telenet and VOO are joining with right holders and are now blocking 33 websites and 450 domains on copyright grounds.
Belgian operator Telenet reports continued uptake of its quad-play Wigo bundles despite a tough competitive market to 333,600 RGUs at March 31, 2018 (+30,000 in Q1 2018), reaching around 15% of customer relationships.
Liberty Global’s Belgian operator Telenet would be prepared to pay EUR1,3 billion to acquire the Walloon telecommunications company VOO.
The company behind VOO insists the Flemish cablenet isn’t for sale.
Orange Belgium has confirmed local press reports that it is interested in acquiring the VOO cable platform, owned by Liege-based Nethys and Brutélé in Brussels.
Vivid’s television division, part of Los Angeles-based Vivid Entertainment, has said a selection of its adult movies will begin airing in Belgium via Telenet.
Telenet has agreed to buy the shares in De Vijver Media currently held by Mediahuis NV (30%) and Wouter Vandenhaute and Erik Watté – Waterman & Waterman NV (20%).