When the spectrum was auctioned in the summer of 2022, Proximus decided to invest EUR 600 million over a period of 20 years. The aim of this investment was to create the optimal conditions for Proximus to roll out 5G and offer the best mobile experience in Belgium. A recent BIPT study has demonstrated that Proximus' mobile network is already the fastest in the country today.

At the same auction, NRB, one of Belgium's leading IT services companies, also acquired part of the 5G spectrum, specifically 20 MHz in the 3600 MHz frequency band, with the aim of providing 5G services to its customers in the public and social sector, industry and biotech, energy and public utilities, financial organizations and insurance companies. Now, two years later, NRB has decided to sell its spectrum and 5G license. The Belgian company no longer wishes to roll out its own mobile network, but aims to continue offering 5G services to its customers as a mobile virtual network operator through a possible partnership with Proximus. This is currently being negotiated.

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Proximus SA published this content on 18 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 April 2024 15:58:14 UTC.