Orange Belgium claims the agreement will democratise multi-gigabit fixed and mobile speeds in the country.
In addition, Orange Belgium will provide Telenet with wholesale access to the hybrid fibre-coaxial network of VOO and Brutélé and to its future fibre-to-the-home network in the regions of Wallonia and Brussels-Capital.
Telenet will also become a wholesale customer, which will increase network penetration and the return on modernisation investments, Orange Belgium claims.
|
The agreement is related to the acquisition of 75% less one share of VOO by Orange Belgium, which will require the approval of the European Commission.
“With the acquisition of VOO, we have an ambitious investment plan to modernise the network and provide our customers with multi-gigabit connectivity. Telenet's network agreement will complement our ability to deliver a hybrid fibre-coax and fibre-to-the-home connectivity value proposition to our customers, wherever they live,” comments Orange Belgium CEO Xavier Pichon.
“We also welcome Telenet as a wholesale customer on our future VOO network. These agreements will promote competition and investments in networks on a national scale.”