Telenet in talks with Orange on Belgian network access

Liberty Global’s Telenet is in talks with Orange over potential network access to Belgian cable operator VOO, which Orange plans to acquire.
Telenet investment plansTelenet and Orange have reached a memorandum of understanding that will structure negotiations, Telenet said in a statement.

“Orange confirms negotiations with Telenet for access to the cable network in the south,” a spokesperson for the French company said.

Orange last year announced its plans to buy a majority stake in the Belgian fixed-line operation from Nethys in a deal that then valued the business at 1.8 billion euros ($1.76 billion).

The planned purchase – currently under European Union anti-trust review – would give Orange control over the cable network in Belgium’s French-speaking Walloon region and part of the Brussels area.

The new network deal is aimed at alleviating competition concerns in the midst of the EU investigation, sources said. European Commission last week paused its investigation while awaiting data from Orange.

The announced acquisition of 75 percent of VOO was a blow to Orange Belgium’s local rival Telenet, which had not been selected to enter into talks.

Latest

More like this
Related

Telia accelerates renewable energy drive with solar-powered mobile network

Telia is strengthening its commitment to sustainability by embedding...

Pilar Lopez to join Vodafone as Chief Financial Officer from 2025 December

Vodafone Group has announced the appointment of Pilar Lopez...

Optus faces $100 mn penalty for unconscionable sales to vulnerable consumers

Optus Mobile, Australia’s second-largest telecommunications provider, has admitted to...

Who’s Stijn Bijnens, the new CEO of Proximus Group?

Proximus Group has named Stijn Bijnens as its new...