Orange Belgium and Telenet sign two commercial wholesale agreements providing access to each other’s Hybrid Fiber Coaxial and Fiber to the Home networks
January 30 2023 - 1:00AM
Orange Belgium and Telenet sign two commercial wholesale agreements
providing access to each other’s Hybrid Fiber Coaxial and Fiber to
the Home networks
Press releaseBrussels, 30 January 2023Regulated
information – Inside information
Orange Belgium
and
Telenet
sign
two commercial
wholesale agreements providing access to each
other’s Hybrid
Fiber Coaxial
and
Fiber
to
the
Home
networks
Orange Belgium and
Telenet have signed
two commercial fixed wholesale
agreements, which entry into
force is subject to the
completion of the
transaction related to the
acquisition of 75% minus one share of VOO by
Orange Belgium. The agreements
will provide access
to each other’s fixed networks
for a 15-year period and cover both current
Hybrid
Fiber
Coaxial and
future Fiber
to the
Home technologies in both
network areas. Orange
Belgium believes
these agreements will foster investment,
benefit the customer and
competition in the Belgian telecom market.
With these agreements, Orange Belgium firstly
secures an access to Telenet’s Hybrid Fiber Coaxial network and to
its future Fiber to the Home network for 15 years, a key enabler to
strengthen its nationwide convergent strategy. Combined with its
state-of-the-art mobile network and with the modernization of the
VOO network in the regions of Wallonia and Brussels-Capital, Orange
Belgium will democratize the multi-gigabit fixed and mobile speed
experience all over the country.
Secondly, Orange Belgium will provide Telenet
wholesale access to VOO and Brutélé’s Hybrid Fiber Coaxial network
and to its future Fiber to the Home network in the regions of
Wallonia and Brussels-Capital. It will also secure Telenet as a
wholesale customer, increasing network penetration and return on
modernization investments.
The entry into force of these agreements is
subject to completion of the transaction for the acquisition of 75%
minus one share of VOO by Orange Belgium which requires notably the
approval of the European Commission.
Xavier Pichon, CEO of Orange Belgium, commented:
"It is a major step forward in the deployment of our leading
nationwide multi-gigabit strategy. With the acquisition of VOO, we
have an ambitious investment plan to upgrade the network and to
provide multi-gigabit connectivity to our customers. The agreement
on the Telenet network, will complement our ability to provide a
Hybrid Fiber Coaxial and Fiber to the Home multi-gigabit
connectivity value proposition to our customers wherever they live.
We also welcome Telenet as a wholesale customer on our future VOO
network. These agreements will foster competition and network
investments nationwide”.
About Orange BelgiumOrange Belgium is one of the major
telecommunication operators on the Belgian market, with over 3
million customers, and in Luxembourg, via its subsidiary Orange
Communications Luxembourg.As a convergent player, it provides next
generation connectivity services to residential customers through
multi-gigabits mobile, cable and optic fiber networks, also
relating to the Internet of Things. Its high-performance mobile
network is equipped with the latest technologies and benefits from
continuous investments. As a responsible operator, Orange Belgium
is also investing to reduce its ecological footprint and promote
sustainable and inclusive digital practices.Orange Belgium is a
subsidiary of the Orange Group, one of the main operators in Europe
and Africa for mobile telephony and internet access and a world
leader in telecommunication services for companies.Orange Belgium
is listed on the Brussels Stock Exchange (OBEL).For more
information go to: corporate.orange.be, www.orange.be or follow us
on Twitter: @pressOrangeBe.
Invester Relations
contactKoen Van Mol – koen.vanmol@orange.com +32 (0)495 55
14 99
Press contactMargaux Vigneron –
margaux.vigneron@orange.com +32 (0)472222209press@orange.be
- 2023-01-30 Orange Belgium - Telenet UK - VFF
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