Proximus PLC/€PROX

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About Proximus PLC

Proximus PLC is a Belgian provider of digital services and communication solutions, operating both domestically and internationally. The company offers fixed and mobile telephony, internet, and television services to residential customers and small businesses, as well as ICT services to enterprise and wholesale markets. Founded in 1930 as RTT and rebranded to Proximus in 2015, it is headquartered in Brussels, Belgium. Proximus operates under various brands, including Proximus, Mobile Vikings, and Scarlet in Belgium; Tango and Telindus in Luxembourg; and Telindus in the Netherlands. Internationally, its subsidiaries BICS and Telesign provide global communication and digital identity services. The company is investing in building a gigabit network in Belgium and developing digital ecosystems to support sustainable growth.
Ticker
€PROX
Sector
Communication
Primary listing
BSE
Employees
12,790
Headquarters
Brussels, Belgium

Proximus PLC Metrics

BasicAdvanced
€2.1B
5.70
€1.12
0.43
€0.42
6.57%

Bulls say / Bears say

Proximus agreed to acquire Eurofiber’s remaining 50.01% stake in Unifiber for €75 million, fully consolidating its Wallonia FTTH operations and strengthening its network rollout control. (Reuters)
In Q2 2026, domestic underlying revenue rose 1.1% year-on-year to €1.192 billion, demonstrating resilience in Proximus’s core Belgian market. (Reuters)
Management narrowed full-year 2026 global EBITDA guidance to €110 – 120 million, underscoring confidence in meeting profitability targets. (Reuters)
Proximus recorded negative organic free cash flow of €25 million in H1 2026, highlighting the strain of elevated investment on cash generation. (Reuters)
Full-year free cash flow guidance for 2026 was cut to around €50 million from €100 million previously, indicating tighter near-term liquidity. (Reuters)
Capital expenditures for 2026 are forecast to reach up to €1.3 billion—€100 million above prior estimates—raising concerns over mounting investment burdens on financial flexibility. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 6 Sept 2026.

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