Proximus wants to extend fiber coverage to 95% of Belgian homes and businesses

Posted on Wednesday, June 29, 2022 at 9:44 p.m.

Par Sudinfo with Belga

Proximus announces on Wednesday that it has signed a memorandum of understanding (MoU) with a consortium of Belgian financial partners, including I4B (The Belgian Infrastructure Fund) with the aim of connecting up to 1.7 million homes and additional businesses in sparsely populated areas.

Subject to a definitive agreement expected at the end of the year, this deployment would thus make it possible to extend fiber coverage to 95% of all Belgian homes and businesses.

This will bring 10 Gigabit PON technology to both dense and more rural areas, the company says. This planned extension is also an important step in Proximus’ ambition to eventually offer a Gigabit network throughout the territory, relying on fixed wireless access technology for the remaining 5%.

Subject to the conclusion of a definitive agreement, the parties envisage the creation of two new joint ventures, the statement said. This proposed collaboration represents a cumulative total investment of approximately €4 billion by the joint ventures.