BGAOF News and Press, Proximus SA De Droit Pub

2024-05-16 03:06:49 ET Summary Proximus is facing threats from new entrants in the market, and its dividend is going to be halved starting with the next payment. Therefore, despite a strong beginning to Q1, share price performance has been weak and guidance remains muted. The ...

2024-04-26 10:32:06 ET Proximus PLC (BGAOF) Q1 2024 Earnings Conference Call April 26, 2024, 8:00 am ET Company Participants Nancy Goossens - IR Guillaume Boutin - CEO Mark Reid - CFO Jim Casteele - Residential Segment Lead Anne-Sophie Lotgering - Busines...

2024-01-05 12:00:39 ET Summary Proximus PLC is facing challenges with large outstanding CAPEX burdens and dividend questions. The acquisition of Route Mobile by Proximus will later result in a further net cash consideration outflow and implies a valuation of Telesign at around EUR...

2023-12-28 16:24:23 ET Summary BT Group faces a massive CAPEX burden of around £15 billion for the fiber rollout, putting pressure on free cash flows for shareholders. This really limits their valuation and can be seen with a glance at other behind-schedule telcos in their re...

2023-09-12 05:24:13 ET Summary Proximus has been a poor performer, but the IPO market angle and value from Telesign may be underappreciated by markets as IPO markets show signs of revival. The fibre rollout puts pressure on Proximus' valuation and performance, so while there are u...

2023-07-02 01:36:08 ET Summary Proximus had put quite a lot of hope into Telesign, which made a value case for the company's compressed multiple, but the IPO failed. We are beginning to see a pickup in IPO activity, but things are still highly uncertain, and capital markets remain...

Summary Revenue has started to grow again for Proximus. The company's balance sheet is relatively strong. I estimate a 30% undervaluation. Increased focus on software and additional spectrum could serve as catalysts. The dividend cut in 2024, majority ownership by the Belgia...

After years of heavy pressure on revenues in the telecom sector, we make a call for near-term revenue stabilisation. From an operational perspective, the main themes for the telecom sector are the build-out of 5G and fibre networks. To improve the relative position of the sector, ...

Telcos are raising prices to combat inflation. This is occurring despite fundamental competitiveness of the industry and general pricing pressure. While both BT Group and Proximus are raising prices, BT Group is more dominant in its markets where Proximus operates more in oligopol...

We covered Proximus some weeks ago, focusing on its valuation which was attractive. Now we consider it more seriously as questions around the cycle arise and we look for exposures that are highly defensive as recession risks loom. Telcos are a safe bet, as people aren't going to s...