Orange Belgium welcomes the final decision of the regulators to stimulate the competition on the fixed internet and TV market
02 Luglio 2018 - 12:00PM
Press Release
Brussels, 2 July 2018
Regulated information
Orange Belgium welcomes the final
decision of the regulators to stimulate the competition on the
fixed internet and TV market
Referring to the
now final decision of the regulators regarding the TV and broadband
market analysis, Orange Belgium welcomes the measures put forward
to strengthen the competition on the fixed telecom markets in the
interest of the consumers. The future financial conditions mark an
important step towards a sustainable internet and TV offer, with
the possibility to launch an internet only offer over time. Also,
the operational improvements that are imposed will enhance the
experience of the Orange internet & TV customers.
The final decision of the
regulators following the Market Analysis process that started in
2017, will allow Orange Belgium to:
-
benefit from more sustainable financial
conditions over time, more precisely a temporary wholesale price
tariff that is no longer linked to the retail tariffs of the cable
operators and that is clearly lower than before in Flanders. As
requested by the European Commission, Orange asks that the
regulators determine the announced wholesale charges based the
underlying costs as soon as possible.
-
propose a better experience to its customers
thanks to the improvement of operational conditions. For
instance, in the future, Orange technicians will be allowed to
access both the outside as the inside part of a customers' cable
infrastructure. In practice, this will allow that the large
majority of installations can be done by a single
intervention. Various other operational improvements
described in the decision will make sure the quality of the Love
installation and maintenance process will be improved.
-
address the possibility to build an "internet
only" offer, which is not allowed by the old regulatory conditions.
The old conditions imposed that any end-user offer had to include a
fixed TV service component. While the temporary financial
conditions don't allow yet to offer such service in an attractive
way, Orange counts on it that the future cost-based wholesale
charges will enable the launch of such offer in an economically
sustainable way.
While the changes of the
regulatory framework for access to the cable networks will allow to
substantially improve the offer for the consumers, the principles
put forward for the regulation of Proximus' fiber network, once
further developed and implement, will provide an improved
foundation to increase the competition on the fixed B2B market.
Towards a more sustainable
internet and TV offer in the future
Michaël Trabbia, CEO of Orange Belgium, reacts: "Orange Belgium is
the 'bold challenger' of the market focusing on customers'
expectations for simple and worry-free offers. We have started to
shake competition thanks to our Love convergent offers and our new
mobile unlimited offers. The new regulation allow us to continue
investing to offer the Belgian customers a qualitative and
attractive Internet and TV alternative, to improve the quality of
service and the installation process, and to answer to an unmet
need of the market for Internet only offers as soon as the
regulation will allow it.""
Necessary changes in the interest
of the Belgian consumer
Since many years, the Belgian customers have suffered from a lack
of competition in the internet & TV market, characterized by
high retail tariffs with regular price increases. Orange's
internet and TV ("Love") offer, launched in 2016, has marked a step
change in the market dynamic by offering consumers a qualitative
alternative at an attractive price. Now more than 122.000 customers
trust Orange for their fixed Internet & TV service. To get
there, Orange spent more than 60 M€ (excluding indirect costs) and
created more than 200 (direct and indirect) jobs. Orange keeps
improving its Love proposition regularly, with new content and
features. Orange's call upon the regulators to improve the
cable access operational and financial conditions to offer a
sustainable internet & TV product that is a real alternative
for the Belgian consumer is starting to materialize.
The first phase of the improved
financial conditions will be effective as from August 1, 2018; the
operational improvements will be gradually introduced over
time.
About Orange Belgium
Orange Belgium is one of the leading
telecommunication operators on the Belgian market, with over 3
million customers, and in Luxembourg through its subsidiary Orange
Communications Luxembourg.
As a convergent actor, we provide mobile telecommunication
services, internet and TV to private clients, as well as innovative
mobile and fixed line services to businesses. Our high-performance
mobile network supports 2G, 3G, 4G and 4G+ technology and is the
subject of ongoing investments.
Orange Belgium is a subsidiary of the Orange Group, one of the
leading European and African operators for mobile telephony and
internet access, as well as one of the world leaders for
telecommunication services to enterprises.
Orange Belgium is listed on the Brussels Stock Exchange (OBEL).
More information on: corporate.orange.be,
www.orange.be or follow us on Twitter :
@pressOrangeBe.
Press
contact
Annelore Marynissen - annelore.marynissen@orange.com -
+32 (0) 479 01 60 58
Jean-Pascal Bouillon - jean-pascal.bouillon@orange.com -
+32 (0) 473 94 87 31
press@orange.be
Contact
investors
Siddy Jobe - ir@orange.be - +32(0)2 745 80 92
Orange Belgium salue la décision
finale des régulateurs
Orange Belgium welcomes the final decision of the regulators
Orange Belgium tevreden met de uiteindelijke beslissing
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announcement is distributed by Nasdaq Corporate Solutions on behalf
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The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Orange Belgium via Globenewswire
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