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About Quantitative Ratings

Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

Company Profile

Business Description

Proximus is the incumbent telecom operator in Belgium. The firm has around 45% market share of the broadband market and 30% of the postpaid mobile market, mainly competing with Telenet (mobile and fixed), Orange (mobile and fixed) and Voo (fixed). Proximus is rolling out fiber to the home in Belgium and expects to have 70% of the country covered by 2028. Its international carrier services division is one of the four largest in the world, serving more than 250 operators, which was strengthened in 2017 with the acquisition of TeleSign.

Boulevard du Roi Albert II, 27 B
Brussels, B-1030, Belgium
T +32 22054000
Sector Communication Services
Industry Telecom Services
Most Recent Earnings Sep 30, 2021
Fiscal Year End Dec 31, 2021
Stock Type
Employees 10,538