Orange Belgium and Telenet sign two commercial wholesale
agreements providing access to each other’s Hybrid Fiber Coaxial and Fiber to
the Home networks Orange Belgium and Telenet have signed two commercial fixed
wholesale agreements, which entry into force is subject to the completion of
the transaction related to the acquisition of 75% minus one share of VOO by
Orange Belgium.
The agreements will provide access to each other’s fixed
networks for a 15-year period and cover both current Hybrid Fiber Coaxial and
future Fiber to the Home technologies in both network areas. Orange Belgium
believes these agreements will foster investment, benefit the customer and
competition in the Belgian telecom market.
With these agreements, Orange Belgium firstly secures an access
to Telenet’s Hybrid Fiber Coaxial network and to its future Fiber to the Home
network for 15 years, a key enabler to strengthen its nationwide convergent
strategy. Combined with its state-of-the-art mobile network and with the
modernization of the VOO network in the regions of Wallonia and
Brussels-Capital, Orange Belgium will democratize the multi-gigabit fixed and
mobile speed experience all over the country.
Secondly, Orange Belgium will provide Telenet wholesale
access to VOO and Brutélé’s Hybrid Fiber Coaxial network and to its future
Fiber to the Home network in the regions of Wallonia and Brussels-Capital. It
will also secure Telenet as a wholesale customer, increasing network
penetration and return on modernization investments.
The entry into force of these agreements is subject to
completion of the transaction for the acquisition of 75% minus one share of VOO
by Orange Belgium which requires notably the approval of the European
Commission.
Xavier Pichon, CEO of Orange Belgium, commented: "It is
a major step forward in the deployment of our leading nationwide multi-gigabit
strategy. With the acquisition of VOO, we have an ambitious investment plan to
upgrade the network and to provide multi-gigabit connectivity to our customers.
The agreement on the Telenet network, will complement our ability to provide a
Hybrid Fiber Coaxial and Fiber to the Home multi-gigabit connectivity value
proposition to our customers wherever they live. We also welcome Telenet as a
wholesale customer on our future VOO network. These agreements will foster
competition and network investments nationwide”.