Proximus PLC (BGAOY)
Proximus PLC operates in the Telecommunications Services industry of the Communication Services sector, headquartered in Brussels, BU, BE. The stock last traded at $1.37, down 3.52% on the session, giving a market capitalisation of $2.21B. On trailing twelve-month figures it carries a trailing P/E of 5.59, a net margin of 5.9%. Its beta of 0.45 implies it has historically moved less than the broad market.
Proximus PLC is a leading provider of digital solutions and communication services, operating extensively both within Belgium and across international territories. The company structures its operations into three primary divisions: Domestic, International Carrier Services, and TeleSign. For residential customers and small enterprises, Proximus delivers essential services such as fixed-line and mobile telephone connectivity, internet access, and television programming. Medium and large businesses, alongside public administrations, benefit from a wide array of offerings including telecommunications, ICT infrastructure, multi-cloud environments, digital finance tools, robust cybersecurity measures, business applications, along with managed services and professional training. Furthermore, Proximus provides sophisticated managed and platform services that seamlessly integrate networking, cloud computing, cybersecurity, data analytics, and artificial intelligence technologies. A specialized segment of the company also focuses on international delivery authentication and digital identity services, catering specifically to global internet brands, prominent digital innovators, and cloud-native businesses. Its diverse portfolio of products and services is marketed under several well-known brands, including Proximus, Scarlet, Mobile Vikings, Tango, Telindus, and Telindus Netherlands. Established in 1930, the company initially traded as Belgacom SA, before officially adopting the name Proximus PLC in June 2015. Its corporate headquarters are located in Brussels, Belgium.
Proximus PLC is most often compared with the following Communication Services names: