Vodafone exits Belgacom Mobile

7 Nov 2006

Belgacom, Belgium’s dominant telecoms operator, has taken full control of its wireless subsidiary Belgacom Mobile, which offers services under the brand name Proximus, after completing the purchase of Vodafone Group’s 25% stake in the operator for EUR2 billion (USD2.55 billion). The two companies will continue to co-operate in various areas, including handset and network purchasing, multinational customers, international roaming and Belgacom’s use of the Vodafone live! mobile web portal and other Vodafone products and services.

Belgium, Vodafone Group