Orange Belgium to Democratize Multi-Gigabit Connectivity with Telenet Deal

Orange Belgium to Democratize Multi-Gigabit Connectivity with Telenet Deal

(IN BRIEF) Orange Belgium and Telenet have signed two fixed wholesale agreements to provide each other access to their fixed networks for a 15-year period, covering both current and future fiber technologies. The agreements will allow Orange Belgium to secure access to Telenet’s network and strengthen its nationwide convergent strategy, while providing Telenet with wholesale access to Orange Belgium’s network. The agreements will benefit customers and foster competition in the Belgian telecom market. The entry into force is subject to completion of Orange Belgium’s acquisition of 75% minus one share of VOO. The CEO of Orange Belgium considers the agreements a major step in their multi-gigabit strategy.

(PRESS RELEASE) PARIS, 30-Jan-2023 — /EuropaWire/ —  Orange S.A. (EPA: ORA), a French multinational telecommunications group, announces that its subsidiary, Orange Belgium (EBR: OBEL) and Telenet have signed two commercial fixed wholesale agreements, subject to the completion of Orange Belgium’s acquisition of 75% minus one share of VOO. The agreements provide mutual access to each other’s fixed networks for 15 years, including current Hybrid Fiber Coaxial and future Fiber to the Home technologies.

Orange Belgium gains access to Telenet’s Hybrid Fiber Coaxial network and future Fiber to the Home network, enabling the company to strengthen its nationwide convergent strategy. With Orange Belgium’s state-of-the-art mobile network and the modernization of the VOO network in Wallonia and Brussels-Capital, the company aims to democratize multi-gigabit fixed and mobile experiences throughout Belgium.

In turn, Orange Belgium will provide Telenet wholesale access to VOO and Brutélé’s Hybrid Fiber Coaxial network and future Fiber to the Home network in Wallonia and Brussels-Capital. The agreements also secure Telenet as a wholesale customer, increasing network penetration and return on investments.

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 Belgium
Orange 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).

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Media contacts:

Tom Wright – Orange Group
Margaux Vigneron – Orange Belgium (press)
Koen Van Mol – Orange Belgium (investor relations)

SOURCE: Orange S.A.