Digi Communications Belgium N.V. and InSky N.V. (the “Belgian JV”), have concluded with Proximus Plc, the most important Belgian operator, a series of wholesale agreements.
Proximus operates in Belgium under Proximus, Scarlet and Mobile Vikings brands, but is also active in Luxembourg and the Netherlands.
Additionally, under the above-mentioned agreements, a number of around 400 (four hundred) mobile sites (physical infrastructure) are expected to be bought in the next 4 (four) years.
„Alongside the spectrum package acquired during the last auction, which was completed on 21 June 2022, these new commercial agreements will allow our Belgian JV to continue developing our strategy, which, together with the substantial investments and significant efforts allotted to this end, will enable us to prepare for the start of the communications services in the Belgian market,” reads Digi’s statement.
Digi Communication posted EUR809 million in 1H/2023, up 12.9% from the year-earlier period, and a profit from continuous operations worth EUR26.8 million, down 12.7%.
Digi shares have added 11% this year, with the group being valued at over RON3.5 billion.
(English version by Catalina Apostoiu)