Proximus SA — M&A Activity 2023

Aug 28, 2023

Press release

Regulated information - Inside information

Brussels, 28 August 2023 – 08.30 CET

Proximus reaches agreement with Digi Communications Belgium and Citymesh Connect on mobile wholesale services and mobile infrastructure

Proximus announces today that it has signed an exclusive 5-year agreement with Digi Communications Belgium and Citymesh Connect to offer wholesale access on its mobile network.

The contract sets out the terms for the delivery of mobile wholesale services on a national scale.

In the framework of the agreement, Proximus will also propose its mobile sites to be decommissioned in the context of the ongoing consolidation (around 400) for acquisition to InSky, the company responsible for deploying the infrastructure of Digi and Citymesh.

Guillaume Boutin, CEO of Proximus

"I am convinced we have reached an agreement that benefits all parties involved. The fact that Digi Communications Belgium and Citymesh Connect choose to collaborate with Proximus, highlights our mobile excellence and proves the strength of our open network strategy, allowing us to capture value out of the capacity, coverage and performance of our gigabit networks."

Further information at: www.proximus.com/press

Press team: +32 2 202 44 44 Haroun Fenaux

	Fabrice Gansbeke
+32 476 60 03 33	+32 472 050 702

About Proximus

Proximus Group (Euronext Brussels: PROX) is a provider of digital services, communication and ICT solutions operating in the Belgian and international markets. Our purpose, 'Boldly building a connected world that people trust so society blooms', is our guiding star in delivering delightful communication and entertainment experiences for residential consumers and in enabling next generation digital innovations tailored to businesses.

Proximus aims to build the #1 gigabit network for Belgium, combined with technology assets that enable digital ecosystems, while fostering an engaging culture and empowering ways of working. These exceptional strengths pave the way to deliver long-term value for stakeholders; they allow Proximus to contribute to an inclusive and sustainable digital society, delight customers with an unrivalled experience and achieve profitable growth both locally and internationally.

In Belgium, Proximus' core products and services are offered under the Proximus, Mobile Vikings and Scarlet brands. The Group is also active in Luxembourg, under the brand names Tango and Telindus Luxembourg, and in the Netherlands through Telindus Netherlands. The Group's international carrier activities are managed by BICS, a leading international communications enabler, one of the key global voice carriers and the leading provider of mobile data services worldwide. With Telesign, the Group also encompasses a fast-growing leader in authentication and digital identity services, serving the world's largest internet brands, digital champions and cloud native businesses.

With 11,634 employees, imbued with Proximus' think possible mindset and all engaged to offer a superior customer experience, the Group realized an underlying Group revenue of EUR 5,909 million end-2022.

For more information, visit www.proximus.com & www.proximus.be.