Fluvius


Telenet and Fluvius joint-venture named Wyre

Belgium’s Telenet and Fluvius have revealed its fibre joint- venture under the working title Netco will be named Wyre.  The announcement comes as the European Commission gave green light to Telenet and Fluvius to go ahead with their planned partnership to build out fibre in Flanders and Brussels in May. Wyre will operate an open […]

Liberty Global publishes prospectus for Telenet acquisition

Liberty Global has published the prospectus for its planned acquisition of the shares in Belgium’s Telenet that it does not already own. Liberty is making a voluntary and conditional public takeover bid, offering €22 per share, deducting the €1 gross dividend approved by Telenet’s ordinary general meeting of April 26. The offer is conditional on […]

EC gives green light to Telenet-Fluvius Belgian fibre JV

The European Commission has given a green light to Belgium’s Telenet and Fluvius to go ahead with their planned partnership to build out fibre in Flanders and Brussels. Telenet said that the approval marked an important step to finalize the agreement and allows the pair’s new infrastructure company, currently under the working name NetCo, to […]

EU competition watchdog to probe Telenet and Fluvius fibre plan

The agreement between Liberty Global-backed Belgian service provider Telenet and fibre network outfit Fluvius to collaborate to build out a fibre network in Flanders and parts of Brussels is to be notified to the EU competition watchdog. The JV is to be referred to the European Commission’s Directorate-General for Competition under the EU merger control […]

Fries: no plan to replicate Telenet/Fluvius model in the Netherlands

Liberty Global-backed Belgian service provider Telenet’s plan to split off its infrastructure into a new joint venture with utility group Fluvius does not offer a template for a similar move in neighbouring the Netherlands, according to Liberty Global CEO Mike Fries. Speaking to analysts after Liberty Global posted less-than-stellar Q2 results at the end of […]

Telenet foregrounds fixed-mobile convergence but struggles to attract new subs

Liberty Global-backed Belgian service provider Telenet saw continued benefits from its move to foreground fixed-mobile convergence take up in the second quarter but struggled to attract new subscribers, with only 300 net new broadband subs and 8,100 new post-paid mobile customers. The group added 16,500 customers to its ONE(up) fixed-mobile convergence bundles. The company posted […]

Telenet downgraded by Jefferies on Fluvius deal

Liberty Global-backed Belgian service provider Telenet faces a series of challenges that make a less attractive investment for now, according to a note by analysts at Jefferies, who downgraded the operator to hold. Reflecting on Telenet’s announcement last week that it would fold its fibre infrastructure into a new JV with electricity and gas utility […]

Telenet to combine network with Fluvius and migrate to FTTH

Liberty Global-backed Belgian service provider Telenet has struck a binding agreement with utility provider and network operator Fluvius that will ultimately see Telenet evolve its HFC cable network infrastructure in a combined footprint to fibre-to-the-home technology. Fluvius operates electricity and gas utilities across Flanders and also provides TV and broadband services in around 100 municipalities. […]

Telenet strikes deal to sell cellular towers infrastructure

Liberty Global-backed Belgian service provider Telenet has struck a binding agreement to sell its mobile towers infrastructure to investment outfit DigitalBridge for €745 million. Telenet will sell 100% of the shares in a newly incorporated direct subsidiary of Telenet Group Holding NV, TowerCo, which will hold all of Telenet’s passive infrastructure and tower assets. Telenet […]