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Proximus NV (PROX.BR)

PROX.BR on Brussels Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Proximus And Orange Belgium To Build Shared Mobile Access Network Through JV
Thursday, 11 Jul 2019 

July 11 (Reuters) - PROXIMUS NV ::PROXIMUS AND ORANGE BELGIUM JOIN FORCES TO DEVELOP THE MOBILE ACCESS NETWORK OF THE FUTURE.MOBILE ACCESS NETWORK SHARING BETWEEN PROXIMUS AND ORANGE BELGIUM WILL ALLOW FASTER AND MORE COMPREHENSIVE 5G ROLL-OUT IN BELGIUM.SHARED MOBILE ACCESS NETWORK WILL BE PLANNED, BUILT AND OPERATED BY A NEW 50-50 OWNED JOINT VENTURE.PROXIMUS AND ORANGE BELGIUM WILL CONTINUE TO COMMERCIALIZE THEIR PRODUCTS AND SERVICES INDEPENDENTLY AND COMPETE AT RETAIL, ENTERPRISE AND WHOLESALE LEVELS.TO REACH A FINAL NETWORK SHARING AGREEMENT WITH ORANGE BELGIUM BY THE END OF THE YEAR.PURPOSE IS TO START THE PREPARATORY WORK IN THE FIRST QUARTER OF 2020.  Full Article

Proximus Q1 Underlying EBITDA Grows To 463 Million Euros
Friday, 3 May 2019 

May 3 (Reuters) - PROXIMUS NV ::PROXIMUS GROUP ENDED THE FIRST QUARTER OF 2019 WITH UNDERLYING REVENUE OF EUR 1,415 MILLION (-1.8%).UNDERLYING EBITDA Q1 TOTALED EUR 463 MILLION, A 2.1% INCREASE COMPARED WITH THE SAME PERIOD OF 2018.REITERATED FULL-YEAR OUTLOOK FOR STABLE UNDERLYING GROUP EBITDA, INCLUDING A SLIGHT GROWTH IN UNDERLYING DOMESTIC EBITDA.Q1 NET INCOME GROUP SHARE EUR 138 MILLION (IFRS 16) VERSUS EUR 123 IN COMPANY-COMPILED CONSENSUS.Q1 COMPANY-COMPILED CONSENSUS: NET INCOME GROUP SHARE EUR 123 MILLION; FREE CASH FLOW EUR 127 MILLION.Q1 COMPANY-COMPILED CONSENSUS: UNDERLYING REVENUES EUR 1.42 BILLION; GROUP UNDERLYING EBITDA EUR 455 MILLION.SOLID FIRST QUARTER 2019 FCF OF EUR 143 MILLION, ACQUISITION IMPACT EXCLUDED.  Full Article

Proximus Acquires Umbrio
Thursday, 31 May 2018 

May 31 (Reuters) - PROXIMUS NV ::ACQUIRES UMBRIO.  Full Article

Proximus Says Performs Successful 5G Field Trial In Haasrode In 3.5 GHz Band
Thursday, 26 Apr 2018 

April 26 (Reuters) - PROXIMUS NV ::PROXIMUS AND HUAWEI TEAM UP FOR FIRST 5G OUTDOOR TRIAL IN BELGIUM.PROXIMUS HAS PERFORMED SUCCESSFUL 5G FIELD TRIAL IN HAASRODE (LEUVEN) IN 3.5 GHZ BAND (C-BAND) THIS WEEK.  Full Article

‍Proximus, VIVES II And SRIW Participate In A 3 Million Euros Funding Round In Tessares​
Thursday, 22 Mar 2018 

March 22 (Reuters) - PROXIMUS NV ::‍PROXIMUS, VIVES II AND SRIW PARTICIPATE IN A EUR 3 MILLION FUNDING ROUND IN TESSARES​.  Full Article

Proximus Acquires EUR 400 MLN Loan From EIB For Transformation Of Its Fixed Network‍​
Wednesday, 7 Mar 2018 

March 7 (Reuters) - PROXIMUS NV ::ACQUIRES EUR 400 MILLION LOAN FROM THE EUROPEAN INVESTMENT BANK FOR THE TRANSFORMATION OF ITS FIXED NETWORK‍​.FUNDING TO SUPPORT PROXIMUS IN THE ACCELERATING DEPLOYMENT OF A GIGABIT NETWORK.IN THE FRAMEWORK OF ITS PROJECT, PROXIMUS WANTS TO INVEST EUR 3 BILLION OVER 10 YEARS TO ACCELERATE THE ROLL-OUT OF FIBER IN BELGIUM.  Full Article

Proximus Q4 Revenues Down At 1.48‍​ Billion Euros
Friday, 2 Mar 2018 

March 2 (Reuters) - PROXIMUS NV ::STABLE TOTAL DIVIDEND DISTRIBUTION OF EUR 1.50 PER SHARE OVER THE RESULT OF 2017.2018 OUTLOOK: SLIGHT GROWTH IN GROUP UNDERLYING EBITDA.2018 OUTLOOK: DOMESTIC UNDERLYING REVENUE NEARLY STABLE.Q4 NET INCOME GROUP SHARE EUR 137 MILLION VERSUS EUR 125 MILLION IN REUTERS POLL.2018 OUTLOOK: CAPEX AROUND EUR 1 BILLION EXCLUDING. SPECTRUM CAPEX.Q4 OPERATING INCOME EUR 185 MILLION VERSUS EUR 210 MILLION IN REUTERS POLL.FY FREE CASH FLOW EUR 511 MILLION VERSUS EUR 559 MILLION YEAR AGO.Q4 REVENUES EUR 1.48‍​ BILLION VERSUS EUR 1.47 BILLION IN REUTERS POLL.PROXIMUS IS WELL PLACED TO DELIVER UPON ITS ANNOUNCED COST REDUCTION PLAN, TARGETING A EUR 150 MILLION NET REDUCTION IN EXPENSES BY 2019, IN COMPARISON WITH 2015.  Full Article

Proximus Q3 underlying group EBITDA down 2.2% at EUR 464 million
Friday, 27 Oct 2017 

Oct 27 (Reuters) - PROXIMUS NV ::UNDERLYING GROUP EBITDA OF EUR 464 MILLION IN Q3, -2.2% ON HIGH COMPARABLE BASE‍​.INTERIM DIVIDEND OF EUR 0.50 PER SHARE TO BE PAID ON 8 DECEMBER 2017‍​.‍PROXIMUS REITERATES ITS FY 2017 OUTLOOK​.‍​EXPECTS CAPEX FOR FY TO BE AROUND EUR 1 BILLION EXCLUDING CAPITALIZATION OF FOOTBALL BROADCASTING RIGHTS.Q3 2017 DOMESTIC UNDERLYING REVENUE OF EUR 1,105 MILLION, STABLE COMPARED TO PREVIOUS YEAR.Q3 NET INCOME GROUP SHARE EUR 140 ‍​MILLION VERSUS EUR 122 MILLION IN REUTERS POLL.Q3 UNDERLYING REVENUE EUR ‍​1.11 BILLION VERSUS EUR 1.44 BILLION IN REUTERS POLL.Q3 DOMESTIC DIRECT MARGIN OF EUR 831 MILLION, 1.7% LOWER THAN PRIOR YEAR.OVER 9M PERIOD FREE CASH FLOW TOTALED EUR 480 MILLION.  Full Article

Proximus acquires exclusive broadcasting rights for Studio 100 TV
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - PROXIMUS NV ::ACQUIRES EXCLUSIVE BROADCASTING RIGHTS FOR STUDIO 100 TV AS FROM JAN 1, 2018‍​.  Full Article

Proximus says edpnet signs commercial fiber-to-the-home wholesale deal with co
Wednesday, 4 Oct 2017 

Oct 4 (Reuters) - PROXIMUS NV ::EDPNET SIGNS COMMERCIAL FIBER-TO-THE-HOME WHOLESALE DEAL WITH PROXIMUS.  Full Article

UPDATE 1-Dutch telco KPN poaches new CEO from Belgian rival

AMSTERDAM, Sept 5 KPN NV, the biggest Dutch telecommunications company, said on Thursday it had poached Dominique Leroy from Belgian peer Proximus to be its next chief executive.