Telenet (Belgium)

Telenet is a Belgian telecommunications company based in Mechelen.

History

  • Telenet was founded in 1996 and still in the same year began with the laying of a fiber optic backbone in Flanders.
  • In 1997, the first product came on the market: Broadband Internet access, which was sold under the name Pandora
  • 1998 Telenet also offers telephony
  • In 1999 the company is renamed Pandora in Telenet
  • 2003 are taken over by the daughter PayTVCo NV parts of the pay- TV channel Canal
  • 2005 Telenet is listed on Euro next- exchange
  • 2006 Begins Telenet to offer mobile services, this is used the network of Mobistar

Activities

Telenet is - by its own account - the market leader in Belgium in Internet access for private households, telephony and digital TV services, in addition, Telenet is also in the area of ​​analog cable television, mobile telephony and corporate banking solutions ( Telenet Solutions) operates.

The company had 2008 629.000 customers in the area of fixed telephony, 985,000 Internet customers, 674,000 customers and 539,000 IDTV so-called triple-play customers.

In 2008, a turnover of 1.02 billion euros, the largest share of this is 34% of the area of ​​Internet, followed by analog cable television with 24%.

Share

The stock will trade on the NYSE Euro Next in Brussels, where it is part of the main stock index BEL20.

Majority shareholder of Telenet 's media group Liberty Global, which holds 50.2 % of shares. The rest of the shares are mostly held in free float.

Sponsoring

Telenet is the main sponsor of the Telenet Fidea Cycling Team - and shirt sponsor of the KV Mechelen

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