BCC approves sale of Scarlet network assets

3 Jul 2009

Belgacom, Belgium’s largest fixed line and broadband operator by subscribers, has announced that the Belgian Competition Council (BCC) has approved the sale of Scarlet Telecom’s network assets to Syntigo. The sale has been made as part of the terms of Belgacom’s acquisition of Scarlet in November last year; the BCC ruled that the purchase could proceed on the grounds that Belgacom sell Scarlet’s fibre-optic network. Syntigo is the ICT subsidiary of SNCB/NMBS Holding, and Belgacom has said that the effective transfer of ownership of the network from Scarlet to Syntigo will only take place once Scarlet’s existing customer base is fully transferred to its own technical platforms. Financial details of the deal between Belgacom and Syntigo have not been disclosed.

Belgium, Proximus, Scarlet Telecom (Belgium)