BRUSSELS – Proximus and EQT Infrastructure have signed a final partnership agreement specifying the terms to build a fiber network in Flanders together. The purpose is to connect at least 1.5 million homes and businesses to fiber in the framework of this collaboration. The agreement allows Proximus to further shape its ambition to enlarge and accelerate the roll-out of its open Fiber network in Belgium.
At the end of July, Proximus and EQT Infrastructure (through its portfolio company DELTA Fiber) announced the signature of a Memorandum of Understanding, formalizing their common intention to engage in negotiations on the joint deployment of a fiber network across cities and neighbourhoods in Flanders.
These negotiations have now resulted in the signing of a final agreement, further specifying the terms of the collaboration. By joining forces, Proximus and EQT Infrastructure, Europe’s leading investor in digital infrastructure, will be able to leverage know-how and efficiency gains in fiber deployment as well as realise a significant acceleration and a substantial increase of the fiber coverage in Flanders. At least 1.5 million Flemish homes and businesses will be connected to fiber within this collaboration in the coming years.
As part of the agreement, a new joint venture between EQT Infrastructure and Proximus will be set up with the aim of designing, building and maintaining the network, which will be open and accessible to all. Proximus will initially own 49.9% of the joint venture.
The file will now be submitted for approval to the competent authorities.
The agreement with EQT Infrastructure brings Proximus another step closer to its ultimate objective: creating an open network of reference that covers every home and every business in Belgium with high-speed connectivity solutions.
To achieve this, Proximus confirms its objective to reach 4.2 million homes and businesses passed with fiber by end-2028, representing a coverage of at least 70% of the country. The company will also be able to realize a significant acceleration of the plans announced end March, increasing intermediate coverage targets for 2025 by around 30%, and increase operational efficiency relying upon the additional expertise the partners bring to the table.
The revised ambitions encompass Proximus’ standalone roll-out plans as well as the volumes realized with the support of partnerships, accounting for at least 1.5 million homes and businesses in Flanders and at least 500,000 in Wallonia. As far as Brussels is concerned, Proximus aims to connect the entire Brussels-Capital Region to fiber in standalone. More details regarding the plans for the coming years in this region will be announced in December.
For the remaining zones, mainly in rural and less densely populated areas, Proximus will continue to enhance the overall customer experience through a diversity of high-speed connectivity solutions in order to cover the whole territory.
Proximus intends to provide to the market a more detailed update of its Fiber ambitions by mid-January 2021.
CableLabs President and CEO Phil McKinney and SCTE/ISBE President and CEO Mark Dzuban say the now-merged organizations will spur cable's rollout of 10G, DOCSIS 4.0 and fixed-wireless, as well as efforts to bridge the digital divide.
Today’s access network architecture is under mounting pressure due to a continued surge in the number of connected devices, a proliferation of bandwidth-intensive customer applications and dramatic shifts in usage patterns related to the pandemic, such as work-from-home and e-learning.
Learn why now is the right time for cable operators to build greenfield networks or expand their existing networks with 10G PON, arming customers with high-speed symmetrical broadband. Gain a clear understanding of the drivers impacting the access network and the various approaches being considered to deliver higher speed services. Plus, find out the best practices that operators are employing as they leverage the latest in passive optical technology to future-proof their networks.
Topics to be covered include:
Node + 0 (Fiber Deep)
DOCSIS 3.1, DOCSIS 4.0 (FDX/ESD)
FTTP and 10G PON
Provisioning 10G PON within a DOCSIS B/OSS environment