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General

Proximus buys out MTN, Swisscom in BICS wholesale joint venture

Tuesday 9 February 2021 | 09:24 CET | News
Proximus has agreed to buy out the minority shareholders in its wholesale international services arm BICS. It will pay a total EUR 217 million to acquire the stakes of MTN and Swisscom in BICS, of respectively 20.0 and 22.4 percent. The acquisition is expected to simplify its plans to sell BICS.

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Categories: General
Companies: Belgacom / BICS / MTN / Proximus / Swisscom
Countries: Belgium
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