Proximus : acquires substantive spectrum rights for EUR 491 million
June 21, 2022 at 02:34 am EDT
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2022
5G Spectrum
21 June 2022| Press Release
Proximus acquires substantive spectrum rights for EUR 491 million
Regulated & inside information, publishedat 8:20 AM
In the context of the ongoing spectrum auction, Proximus has secured an attractive spectrum package in the 900 MHz, 1800 MHz and 2100 MHz band, as well as in the newly auctioned 700 MHz and 3600 MHz bands, essential for a large-scale 5G deployment. These spectrum licenses represent a total investment of EUR 491 million for a period of 20 years (18 years for the 3600 MHz band).
The first phase of the spectrum auction, organized by regulator BIPT, concluded yesterday. Proximus obtained 20 % more spectrum than all participating companies and secured a strong position in all bands.
Frequency
band
Bandwidth
Price
700 MHz
2x10 MHz
€ 122.87 m
900 MHz
2x10 MHz
€ 57.41 m
1800 MHz
2x25 MHZ
€ 109.88 m
2100 MHz
2x25 MHz
€ 144.59 m
3600 MHz
100 MHz
€ 56.32 m
In the coming days, operators will discuss the final positioning of the spectrum within the bands.
The BIPT also foresees a next auction phase where 90 MHz of spectrum in the 1400 MHz band will be allocated.
We have acquired a valuable spectrum package for the next 20 years that allows us to make a substantial difference in network quality and remain leading in terms of mobile experience in Belgium. At the same time, the newly acquired spectrum in the 700 and 3600 MHz band will finally make it possible to bring the benefits of 5G to the entire Belgian population. As far as the implementation of 5G technology is concerned, it's safe to say that we have been a frontrunner so far, and we are very eager to leverage the full potential of 5G.
Guillaume Boutin
CEO of the Proximus Group
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Proximus SA published this content on 21 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 June 2022 06:33:04 UTC.
Proximus SA is the leading telecommunications operator in Belgium. Net sales (including intragroup) break down by activity as follows:
- telecommunication services to individuals (36.4%): fixed telephony (1 million installed lines at the end of 2023), mobile telephony (3.3 million clients), Internet access services (1.8 million subscribers), interactive television broadcasting (1,674,000 subscribers), convergent services (1,112,000 subscribers), etc.;
- telecommunication services to enterprises (35.2%): fixed telephony (566,000 lines at the end of 2023), mobile telephony (1.8 million post-paid cards distributed), Internet access services and data transmission (440,000 subscribers). The group also sells wholesale communication minutes to other operators located in Belgium;
- carrier services (18.4%; BICS): connectivity and capacity services for telecom operators and international service providers;
- other (10%).
Belgium accounts for 71.7% of net sales.