Belgacom has asked the Belgian government for a stock listing. The company, which is 50 percent + 1 share owned by the state, wanted a listing to give minority shareholders the opportunity to sell their stakes in the country's dominant operator, De Financieel Economische Tijd reported. Although Belgacom is one of the few financial healthy telecom operators in Europe, shareholders like US-based SBC Communications have expressed interest in selling their stake and other non-core assets to focus on business in their home market amid a sector downturn. SBC Communications, Singapore Telecom, TDC Denmark, and some domestic financial partners own the remaining 50 percent - 1 share in the company.
