Friday, 17 September 2021

Proximus buys out BICS from Swisscom and MTN

by Harry Baldock, Total Telecom
Tuesday 09 February 21

The move to buy out the minority shareholders will leave Proximus with 100% of the shares in BICS

In the summer of 2020, Proximus said that it was considering a potential sale of its majority share in its international wholesale arm BICS (Belgacom International Carrier Services). However, the operator quickly realised that the best way to ‘create long-term value’ was not to sell their equity…

In the summer of 2020, Proximus said that it was considering a potential sale of its majority share in its international wholesale arm BICS (Belgacom International Carrier Services). However, the operator quickly realised that the best way to ‘create long-term value’ was not to sell their equity…

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