Proximus : signs an agreement with Eurofiber aiming at establishing a partnership to further enlarge and accelerate its fiber roll-out in Wallonia

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31 July 2020|Press Releases

Proximus signs an agreement with Eurofiber aiming at establishing a partnership to further enlarge and accelerate its fiber roll-out in Wallonia

Privileged Information 31 July 2020 at 6:59 AM

Proximus CEO Guillaume Boutin and Alex Goldblum, CEO of Eurofiber, have signed a Memorandum of Understanding (MoU) aiming at building a fiber network in Wallonia together. The main objective of the partnership is to enlarge and accelerate the roll-out of Fiber-to-the-Home in a cost-efficient way, while ensuring access for all interested parties under open access and non-discriminatory terms.

Following the signature of the MoU, Proximus and Eurofiber will now engage in the negotiation of specific terms to build a fiber network in several cities and neighbourhoods in Wallonia together. Subject to the conclusion of a final agreement, parties consider to create a joint venture to design, build, maintain and upgrade the network, which will be open and accessible for interested wholesale customers. The purpose is to pass Fiber to minimum 500.000 homes and businesses in Wallonia within this collaboration.
End of March, Proximus expressed its ambition to accelerate the roll-out of its fiber network as a crucial pillar of the renewed #inspire2022 strategy, with the purpose of connecting 2.4 million living units by 2025. To achieve this, Proximus committed to an acceleration of its investments to guarantee a faster and more efficient fiber roll-out, while adopting an open mindset towards cooperation and co-investment.
By joining forces with Eurofiber, an experienced provider of digital infrastructure since 2000, Proximus will be able to leverage efficiency gains in fiber deployment as well as realise a significant acceleration and a substantial increase of the coverage over and above its announced roll-out plans to pass 2.4M living units by 2025 in Belgium.

This agreement marks a major step forward towards delivering on the gigabit network of the future to the benefit of its customers, employees, stakeholders and society at large. Fiber is the ultimate broadband platform allowing to transmit data at the speed of light while being more energy-efficient. It allows a stable, ultra-fast and low-latency internet experience without interruptions, no matter how many people or devices are connected, and offers the stability and reliability that businesses need in their daily operations.

Eurofiber has been developing, maintaining and expanding its industry-leading, open digital infrastructure for 20 years now. Thanks to its fiber-optic network and datacenters, Eurofiber is able to provide enterprises, organizations, governments in Belgium, The Netherlands and France with smart, open, future-proof cloud and connectivity solutions. Customers have complete freedom to choose the services, applications and providers they need. Eurofiber's strategy is aimed at further expanding within Europe and broadening its portfolio. . Fiber-to-the-Home is a central feature of this expansion strategy, with Eurofiber expecting to execute further Fibre-to-the-Home projects with a wholesale and open access approach Collaborating with Proximus in this fiber-optic network project is part of the realization of this strategy.

Proximus and Eurofiber will provide a more detailed update once a final agreement is reached.

Partnerships are at the heart of our #inspire2022 strategy and we are more committed than ever to connect as many families and businesses as possible with the network of the future. The envisioned collaboration with Eurofiber perfectly fits within this strategy. We have a long-standing commercial relationship with Eurofiber and are confident that they are the right partner to support the acceleration of our roll-out in Wallonia. I am excited to go ahead with the further discussions and work closely together to bring fiber faster to even more citizens and businesses in Belgium.

Guillaume Boutin

CEO of the Proximus Group

Alex Goldblum

CEO of Eurofiber

Digital connectivity is vital for the economy and society. The high-quality open fiber network that we are going to realise with Proximus will help thousands of companies and organisations and hundreds of thousands of households in Wallonia get ready for the future. We are proud to be able to put our expertise to work on this great project and are looking forward to the collaboration.

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