Proximus's Leading Position Likely to Be Challenged By Peers -- Market Talk
Dow Jones
Jun 13, 2025
0932 GMT - Proximus's dominance in Belgium's business-to-business market is likely to be weaken by peers, ING analyst David Vagman writes in a note. The Belgian telecommunications operator leadership reflected strong long-time relationship with Belgian corporations, he says. However, the company's leading position has been challenged by technological innovations and competitors efforts to gain further market share, he notes. "Players such as Telenet and Orange Belgium have been ramping up their efforts at this market and can now also offer national fixed solutions," he adds. Proximus shares are up 0.7% at 7.88 euros, while Orange shares are down 0.2% at 12.67 euros. ( najat.kantouar@wsj.com)
(END) Dow Jones Newswires
June 13, 2025 05:32 ET (09:32 GMT)
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