Telecoms firm Proximus lifts spending forecasts after buyout of fibre company
28/05/2026 07:27
Telecoms firm Proximus lifts spending forecasts after buyout of fibre company May 28 (Reuters) - Belgian telecom operator Proximus PROX.BR raised its capital spending estimates on Thursday following its acquisition of the remaining 50.1% stake in Unifiber for €75 million ($87 million).
Proximus said it expected capital expenditures to be up to €1.3 billion in 2026, peak in 2027, and then decline significantly from 2028, falling to around €1.1 billion by 2030.
($1 = 0.8620 euros)
(Reporting by Jakob Van Calster, editing by Milla Nissi-Prussak)