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BGAOF - EBITDA/EV Less Than 5 70% Growth And Yet I Am Not Bullish On Orange Belgium
Proximus SA De Droit Pub
In the past few months, several noteworthy evolutions have played out on the Belgian telecom market. Now, the industry is up for possibly several big changes, the biggest ones since a long time. I take a close look at all three publicly listed Telecom players in Belgium - Proximus (BGAOF) (BGAOY), Telenet (TLGHF) (TLGHY) and Orange Belgium (MBSRF) (MBSRY) - and report my findings in three articles. Orange Belgium is discussed in this article. Last week, I discussed Telenet Group. Next week,