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4-Traders Homepage  >  Equities  >  Euronext Bruxelles  >  PROXIMUS    PROX   BE0003810273

PROXIMUS (PROX)

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Proximus : TV acquires a catalog of 60,000 radio stations and podcasts

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01/18/2017 | 10:16am CET

Proximus has signed an agreement with Radioline, the European leader of radio station aggregation with a catalog of 60,000 radio stations and audio podcasts. Proximus TV customers can now enjoy, free of charge, all of the content offered by Radioline.

Listening to the radio online on connected television sets is an activity that is experiencing rapid growth worldwide: in the United States, it represents more than 18% of users per week and is already the third most popular digital radio listening medium in France.

Proximus TV offers its customers the possibility of listening to FM radio and Web radio stations from Belgium and from around the world by integrating the Radioline application (without advertising) in its latest generation decoders (V5 and V5 compact). Its customers now have access to an enhanced and international content of more than 60,000 radio stations and audio podcasts from 130 countries, with lots of features (favorites, program schedules, music metadata, theme-based catalogs, etc.).

'Thanks to this partnership with Radioline we offer our Proximus TV customers access to this very comprehensive catalog of radio stations and podcasts free of advertising. Knowing how important music, culture and information are for our customers, this partnership enables us to enhance our offering with even more varied content, to satisfy all tastes', comments Stéphanie Röckmann, Director Content & Media at Proximus.

To access Radioline on Proximus TV, nothing could be simpler: just install the app from the Proximus TV menu in the shop section > applications. Once the app has been installed, users will find Radioline in the section 'my library' > my applications'.

For customers who don't have a latest-generation decoder, Proximus also offers the possibility of accessing Radioline via the SwipeBox, which all customers can purchase (www.proximus.be/swipebox) and which can be installed on all decoders.

Edison Research / The Infinite Dial (Mars 2015)

Médiamétrie France / Global radio (May 2016)

Proximus SA published this content on 18 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 January 2017 09:31:03 UTC.

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Financials (€)
Sales 2016 5 882 M
EBIT 2016 852 M
Net income 2016 503 M
Debt 2016 1 932 M
Yield 2016 5,50%
P/E ratio 2016 17,35
P/E ratio 2017 16,93
EV / Sales 2016 1,90x
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Capitalization 9 223 M
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Mean consensus HOLD
Number of Analysts 24
Average target price 28,3 €
Spread / Average Target 3,9%
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Dominique Leroy Chief Executive Officer & Director
Stefaan de Clerck Chairman
Renaud Tilmans Chief Customer Operations Officer
Sandrine Dufour Chief Financial Officer
Geert Norbert Rene Standaert Chief Technology Officer
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