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Belgacom

Proximus Group
Public limited company
Traded as EuronextPROX
Industry Telecommunications
Founded 1930 (as RTT)
Headquarters Brussels, Belgium
Key people
Dominique Leroy (CEO), Stefaan De Clerck (Chairman)
Products Fixed line and mobile telephony, internet, digital television, IT services
Revenue €6.012 billion (2015)
€777 million (2015)
Profit €482 million (2015)
Total assets €8.283 billion (end 2015)
Total equity €2.801 billion (end 2015)
Number of employees
14,090 (FTE, end 2015)
Subsidiaries BICS, Scarlet, Skynet, Tango.
Website www.proximus.com

The Proximus Group (previously known as Belgacom Group) is the largest telecommunications company in Belgium, headquartered in Brussels. Proximus Group is primarily state owned, with the Belgian state holding 53.3% + 1 share. Proximus Group offerings include fixed line and mobile communications through the Proximus brand and ICT services to the professional market under the Telindus brand.

The main legal entity of Proximus Group is Proximus NV/SA, which following integration in 2010 includes the mobile activities of former subsidiary Proximus (Belgacom Mobile) and the ICT services of former subsidiary Telindus. Subsidiaries include BICS, Skynet, Tango, and Scarlet.

Since September 2014, Proximus becomes the commercial brand of all Belgacom products.

In 1879, the Belgian telegraph service installed a telephone line at the Parliament. That same year, several private contractors submitted requests to operate the telephone networks in various Belgian cities. The lack of legislation during the first few years of operation reduced the telephone network’s chances of developing. It also forced the Belgian authorities to develop a legislative framework to regulate the operation of telephony in Belgium.

In 1896, the whole telephony sector passed into the hands of a public company.

In 1913, a large portion of Belgium was accessible by telephone. Although the number of subscribers was still small, the majority of railway stations, post offices and telegraphs were equipped with public telephone booths.

World War I had caused a complete and utter suspension of telecommunications in Belgium. One of the reasons for this was the financial dependency of the public company. The damage caused during the war and the dismantling of parts of the networks meant that colossal investments were needed to manage the telegraphs and telephones.

The national telegraph and telephone company (Régie des Télégraphes et Téléphones, RTT) was set up on 19 July 1930. The public-sector company thus became autonomous: it was no longer dependent on annual State budgets and was authorized to carry out its own management.


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