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

PROXIMUS (PROX)
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Proximus : now offering LTE-A Pro in seven cities

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08/14/2017 | 01:21pm CEST

Proximus, Belgium's second largest cellco by subscribers, has extended the reach of its LTE Advanced Pro (LTE-A Pro) network, with the technology now confirmed as being available in seven cities, namely: Aalst, Antwerp, Bruges, Ghent, Leuven, Nieuwpoort and Sint-Niklaas. Looking ahead, Proximus – which is collaborating with Huawei, Sony and Samsung on the technology deployment – has said it expects to increase LTE-A Pro coverage 'significantly in the coming weeks and months'.

As previously reported by CommsUpdate, in February 2017 Proximus began its 4.5G rollout in February in the cities of Antwerp, Charleroi and Ghent, revealing at the time that customers with compatible devices would be able to access download transmission speeds of up to 450Mbps. As part of its coverage update, the company has also now said it expects to be able to offer theoretical downlink rates of up to 900Mbps via its LTE-A Pro infrastructure.

(c) 2002-2017 PriMetrica, Inc. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (€)
Sales 2017 5 841 M
EBIT 2017 848 M
Net income 2017 557 M
Debt 2017 1 907 M
Yield 2017 5,06%
P/E ratio 2017 17,22
P/E ratio 2018 16,30
EV / Sales 2017 2,04x
EV / Sales 2018 2,04x
Capitalization 10 024 M
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Technical analysis trends PROXIMUS
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 24
Average target price 28,0 €
Spread / Average Target -5,7%
EPS Revisions
Managers
NameTitle
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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