Proximus CEO Dominique Leroy to step down

Proximus CEO Dominique Leroy has decided to step down from the telecom operator in December, 2019.
Proximus CEO Dominique Leroy
Proximus under the leadership of Dominique Leroy achieved positive results in the last four years, both in top- and bottom line.

Proximus followed a new strategy Shift to digital for driving the transformation of the mobile operator company from a connectivity player to a digital services provider. Proximus also launched a 3 billion euro fiber roll-out plan and recently negotiated a mobile access network sharing agreement to accelerate the deployment of 5G.

Proximus posted 2.6 percent drop in domestic revenue at EUR 1,084 million in the second quarter of 2019. Revenue from telecom services fell 1.4 percent to EUR 789 million. Revenue from Proximus mobile services fell 1.3 percent to EUR 304 million. Revenue from fixed services dropped 1.5 percent.

Proximus grew its customer base for Internet (+1.9 percent) and TV (+ 2.4 percent), in spite of intense competition. This was supported by Proximus’ multi-play offers gaining further traction.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

Global Communications Providers to Reach $5.6 Trillion Revenue by 2030 Driven by 6G and AI Investments

The global communications providers (CP) market is entering a...

MTN Group Surpasses 300 mn Customers, Spotlight on Y’ello Care and Africa’s Digital Transformation

MTN Group has achieved a major milestone, reaching 300...

Bharti Airtel Strengthens Cloud and AI Capabilities with Partnerships with IBM and Google

Bharti Airtel has announced partnerships — with IBM and...

Bouygues Telecom, Free-iliad, and Orange Submit €17 bn Joint Offer to Acquire SFR Assets from Altice

Bouygues Telecom, Free-iliad Group, and Orange have jointly submitted...