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Orange Belgium to acquire a 75% stake in VOO from Nethys for €1.8bn.

Synopsis

Orange Belgium, a Belgian telecoms company, agreed to acquire a 75% stake in VOO, a telecoms operator that owns the cable network in the Walloon region and part of the Brussels region, from Nethys, for €1.8bn. “Today’s closing of our acquisition of VOO marks an important milestone - emboldening our convergence ambitions in Belgium. Convergence in Europe has proven to be key to our leadership in Europe and demonstrates how Orange’s new strategy, Lead the Future, will continue to meet the digital needs that our customers in Europe demand,” Mari-Noëlle Jégo-Laveissière, Orange Europe CEO.

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