Proximus (OTCMKTS:BGAOY) is the leading telecommunications operator in Belgium, offering a comprehensive range of fixed-line, mobile, broadband and digital television services to residential and business customers. The company’s portfolio extends to information and communication technology (ICT) solutions, encompassing cloud services, cybersecurity, data analytics and managed network services designed to meet the needs of small and medium-sized enterprises as well as large corporations.
In addition to its core Belgian market, Proximus participates in international activities through partnerships and subsidiaries that provide roaming, carrier and wholesale services. The company’s network infrastructure includes extensive fiber-optic and 4G/5G mobile networks, supporting the digital transformation efforts of both private and public sector clients. Proximus also invests in research and development projects aimed at advancing Internet of Things (IoT) applications, smart city initiatives and next-generation connectivity solutions.
Founded in 1930 as the national telecommunications operator Belgacom, the company was partially privatized in the late 1990s and rebranded as Proximus in 2014. Over its history, Proximus has continuously modernized its network architecture—most recently with large-scale fiber rollouts and the implementation of 5G services—to enhance capacity, speed and reliability. These infrastructure upgrades support Belgium’s ambitions for digital innovation and sustainable economic growth.
Proximus is majority-owned by the Belgian State and governed by a board of directors alongside an executive management team responsible for strategic operations and customer engagement. The company remains focused on expanding high-speed connectivity, digital service offerings and enterprise ICT solutions to maintain its position as a key player in Belgium’s digital economy.
