Proximus PLC (BGAOF)
Proximus PLC operates in the Telecommunications Services industry of the Communication Services sector, headquartered in Brussels, BU, BE. The stock last traded at $7.00, up 0.00% on the session, giving a market capitalisation of $2.26B. On trailing twelve-month figures it carries a trailing P/E of 5.57, a net margin of 5.9%. Its beta of 0.43 implies it has historically moved less than the broad market.
Headquartered in Brussels, Belgium, Proximus PLC, established in 1930, stands as a leading provider of digital services and communication solutions, serving clients both domestically in Belgium and across international borders. The company structures its operations into three primary divisions: Domestic, International Carrier Services, and TeleSign. Proximus delivers core connectivity services to individual consumers and small enterprises, encompassing landline and mobile telephone services, internet access, and television. For medium and large corporations, alongside public sector entities, its comprehensive suite of offerings includes telecommunications, ICT infrastructure, multi-cloud platforms, digital finance tools, robust cybersecurity measures, business application development, and both managed and professional training services. Furthermore, the company extends its ICT expertise to residential, business, and wholesale telecommunications markets. Its portfolio also features advanced managed and platform services, which seamlessly integrate networking with cloud computing, cybersecurity, data management, and artificial intelligence capabilities. On an international scale, Proximus offers crucial delivery authentication and digital identity verification services, particularly beneficial for prominent internet brands, innovative digital enterprises, and cloud-native businesses. The company markets its diverse range of products and services under several well-known brands, including Proximus, Scarlet, Mobile Vikings, Tango, Telindus, and Telindus Netherlands. Historically, the company was known as Belgacom SA until it officially rebranded to Proximus PLC in June 2015.
Proximus PLC is most often compared with the following Communication Services names: