Belgian cable operator VOO plans to extend the availability of its 1Gbps internet connection throughout the Brussels region and to half of households in Wallonia by the end of 2023, reports Le Soir. CEO Christopher Traggio has revealed the company will invest EUR300 million (USD340 million) over a six-year period on its ongoing DOCSIS 3.1 upgrade, including network spend of EUR180 million in 2021-2022. Following the introduction of its ‘Gigaboost’ service in Liege, Wavre and Charleroi last year, VOO is now preparing to roll out gigabit connections in selected rural areas in the coming months, namely Jalhay, Stree, Ampsin, Waremme and Latinne.
VOO’s HFC network currently passes 99% of homes and businesses in Wallonia and 34% in the Brussels region. Following a protracted sales process, Orange Belgium entered a final agreement with VOO’s parent company, publicly owned utility group Nethys, in late December 2021 to acquire 75% less one share of VOO, based on an enterprise value of EUR1.8 billion for 100% of the capital, with the aim to bolster its convergent strategy at a national level.