Proximus hails digital plan progress - Mobile World Live

Proximus hails digital plan progress

21 FEB 2020

Belgian operator Proximus hailed progress in a restructuring plan designed to turn it into a digital player, despite a drop in net income and revenue in 2019.

In a statement, CEO Guillaume Boutin (pictured) said an agreement had been reached with unions regarding a redundancy programme which aims to shed 1,900 staff by 2022. A total of 1,374 had taken voluntary redundancy by end-2019, though the company said some involuntary lay-offs were in the pipeline.

Proximus’ headcount reduction was resisted by unions when announced in January 2019, but a revised plan was approved by both sides by December.

Boutin said: “The period of uncertainty has not been easy for many of our employees, and we are thankful for their continued commitment. We now start a new chapter, working on the future of Proximus with positive energy and ambition.”

Net income of €3.92 billion compared with €5.3 billion in 2018, with revenue of €5.63 billion falling from €5.76 billion.



Manny Pham

Manny joined Mobile World Live in September 2019 as a reporter based in London. He has previous experience in telecoms having worked for B2B publication Mobile News for three years where he climbed up to the position of Features Editor....

Read more