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Belgium to offer eight mobile licences in 2009 to boost competition in the mobile sector

  • November 24th, 2008
  • 7:47 am

The Belgian government looks forward to offer eight new mobile licences in country by 2009 in order to boost competition in the mobile industry.
“The agreement within the government is that we want to break open the market,” Business minister Vincent Van Quickenborne said.
According to Van Quickenborne the major licence to be awarded next year will be the fourth 3G service licence worth $50.08 million, for which Broadband provider Telenet and many other mobile operators have expressed interest.

   

Telenet raises the target for 2008 (Belgium)

  • August 7th, 2008
  • 6:24 am

Telenet ( Belgian triple-play provider), proclaimed its financial results for the three months ended 30 June 2008, reports 11% rise in earnings before interest, tax, depreciation and amortisation (EBITDA) to $191.9 million. The operator shows net profits at EUR55.8 million.  Telenet shows good growth in all its core product lines which was an very essential factor in the results. By the end of the june, 2008, the operator has added around 181,000 customers.

Cableco merger riles Belgacom (Belgium)

  • January 14th, 2008
  • 7:27 am

Belgacom has filed a complaint with an Antwerp court against the four Flemish cable television companies which have signed a preliminary agreement with cable operator Telenet for the sale of their television activities, a company spokesman said. Financial daily De Tijd says the move will slow down the deal by at least two months. The agreement, signed between Telenet and Interelectra, Integan, WVEM and PBE (collectively Interkabel) in November, will see the transference of 800,000 Flemish customers - one third of the market there - to Telenet for EUR300 million. Belgacom’s complaint centres around the fact that the deal is between a private company and the municipally-owned cable operators, and should therefore be negotiated through an open procedure. ‘Our objective is not to simply delay the agreement, but to question its legality. We worry that it could damage the market and create a monopoly for Telenet,’ a Belgacom spokesperson said.

   

Liberty gets go-ahead for Telenet move

  • March 1st, 2007
  • 3:33 pm

Telegeography writes…The European Commission has given the green light to Liberty Global Inc (LGI)’s move to take control of Belgian cable operator Telenet. LGI has increased its stake in Telenet to 28.07% and will now consolidate the company for accounting purposes. Telenet merged with LGI unit UPC late last year and is Belgium’s largest cable operator, offering a range of TV, internet and telephony services over its networks.