Telenet (Belgium)
 |
|
| Naamloze vennootschap | |
| Traded as | Euronext: TNET |
| Industry | Telecommunications |
| Founded | 1996 |
| Headquarters | Mechelen, Belgium |
|
Key people
|
John Porter (CEO), Frank Donck (Chairman) |
| Products |
Cable television Broadband Internet Fixed telephony Mobile telephony |
| Revenue | €1.299 billion (2010) |
| €1,520,967,030 (2012) | |
| Profit | €245,117,476(2012) |
| Total assets | €2,614,075,669(2012) |
| Total equity | €525,787,788(2012) |
|
Number of employees
|
2028,8 (FTE, end 2012) |
| Parent | Liberty Global |
| Website | www.telenet.be |
Telenet Group is the largest provider of cable broadband services in Belgium. Its business comprises the provision of analog and digital cable television, fixed and mobile telephone services, primarily to residential customers in Flanders and Brussels. In addition, Telenet offers services to business customers all across Belgium and in Luxembourg under its brand Telenet Solutions.
Since 11 October 2005, Telenet has been listed on the Euronext stock exchange under the ticker TNET.
Telenet has offered its residential service since 1997 under the brand name Telenet Internet through the combination of its broadband cable network, which passes some 2.4 million homes in Flanders and a part of the Brussels region. All of the networks through which Telenet offers residential services in Flanders have been upgraded to a two way digital hybrid fibre-coaxial (HFC) standard, and Telenet has direct relationships with all of its Internet and telephony customers.
Its main competitors on the cable broadband Internet market are Numericable and VOO in the Brussels region, and Belgacom, the leader of the Belgian DSL market in the Flanders and Brussels regions.
Telenet also offers voice, data and Internet services to its business customers under the brand name Telenet Solutions through its optical fiber backbone, by its acquisition of Codenet, which covers all of Belgium and Luxembourg.
Through its acquisition of Sinfilo, Telenet acquired a large network of Wi-Fi hotspots in addition to its cable Internet service.
In December 2016, Telenet bought rival SFR Belux from Altice.
In January 2008, Telenet acquired Hostbasket, Belgium's largest hosting company, to offer services appropriate for organisations and companies. Hostbasket offers "classic hosting" (domain names, shared webhosting, online backup, antivirus,...), infrastructure solutions (dedicated servers, co-location) and applications (hosted Exchange, hosted SharePoint, hosted CRM, ...).
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