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Telenet CEO confirms interest in Voo

2018-04-16 09:03:00| Telecompaper Headlines

(Telecompaper) Telenet has confirmed it's interest in expanding further in the south of Belgium. CEO John Porter told newspaper L'Echo the company has met with Voo's owner Nethys "recently" and sees the Wallonia cable operator valued at EUR 1.0-1.3 billion. 

Tags: interest ceo confirms telenet


Telenet to acquire rest of commercial broadcaster De Vijver Media

2018-03-07 10:34:00| Telecompaper Headlines

(Telecompaper) Belgian cable operator Telenet announced an agreement to buy the rest of De Vijver Media, owner of the Vier, Vijf and Zes commercial TV channels in Belgium. Telenet already acquired 50 percent of the company in 2015 and is buying the rest in order to boost its content offering. 

Tags: media commercial rest acquire


Telenet raises outlook amid 2.3% higher revenues in Q4

2018-02-13 09:27:00| Telecompaper Headlines

(Telecompaper) Belgian operator Telenet said revenues for the fourth quarter rose 2.3 percent from the year earlier to EUR 644 million. The adjusted EBITDA advanced 6.9 percent to EUR 299 million while the net profit went up to EUR 7.5 million, from breakeven. As a result, Telenet lifted its adjusted EBITDA CAGR for 2015-2018, saying it now sees growth at 6-7 percent instead of 5-7 percent. For the full year, the operator is guiding for adjusted EBITDA growth of 7.8 percent, and capex at 26 percent of revenue, with free cash flow of EUR 400-420 million.

Tags: higher outlook revenues raises


Telenet launches quad play and family data plans

2016-06-09 14:25:00| Telecompaper Headlines

(Telecompaper) Telenet has announced a quad play offer for households and small business users. The Wigo packs combine fixed internet, telephony and TV with mobile on multiple SIM cards per contract. Mobile data volume can be shared between users. Starting 20 June, the quad play offer is available from Telenet and Base shops, underlining the integration of the two brands. Telenet says consumer research has shown that the average customer uses 700 MB mobile data per month. This data use has doubled in 18 months' time and is still rising. The boundaries between fixed and mobile are disappearing. Three residential plans are offered, starting at EUR 100.00 per month for digital TV (74 channels, 13 are in HD) internet at 200/20 Mbps and 200 GB data cap and unlimited voice calls within the country. This pack includes two SIM cards with unlimited voice, unlimited SMS and 2 GB mobile data, shared between both users. The EUR 120.00 pack includes 5 SIM cards and 5 GB. The data cap on the fixed internet service is lifted. EUR 140.00 per month buys 10 GB of mobile data, shared between five users. Wigo Business for the SoHo market includes TV, internet (with a 3 TB data cap) unlimited voice calls and 4 GB mobile data for two devices, for EUR 100.00 per month. This data allowance can be increased to 10 GB/5 SIMS for EUR 135.50 or 15 GB/5 SIMS for EUR 155.50. Also included is a separate business help desk. Telenet says many Belgian households have multiple subscriptions, often with several providers. 51 pct. of the Telenet customers can save money if they switch from a Whop or Whoppa triple play to a Wigo pack. Telenet will approach 72.000 households that already have fixed and mobile on separate contracts.

Tags: data family play plans


Telenet extends MVNO deal with Orange through 2018

2016-05-31 08:27:00| Telecompaper Headlines

(Telecompaper) Telenet has agreed to pay Orange Belgium a minimum EUR 150 million to end their MVNO agreement by the end of 2018. Telenet has used the Orange network since 2006 to provide its mobile services, but now wants to migrate customers to its own network, since it acquired the operator Base earlier this year. The new agreement will see the Full MVNO service provided by Orange to Telenet run until the end of 2018, compared to a previous deadline of 2017. Telenet committed to a minimum payment of EUR 150 million (excluding VAT) over the period 2016-2018. The actual amount paid by Telenet could exceed this in the event of higher network usage. 

Tags: deal orange extends telenet


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