Proximus to acquire Mobile Vikings from DPG Media for €130m.

Proximus, a telecommunication company, agreed to acquire Mobile Vikings, a mobile network company, from DPG Media, an international media group, for €130m. Completion of the deal is subject to the approval of the Belgian Competition Authority. However, Proximus expects to close the transaction in 2021. "I am very happy and looking forward to welcoming the Mobile Vikings employees and customers within the Group. My first priority will be to preserve and further develop the identity and market positioning of Mobile Vikings, in order to ensure that this acquisition perfectly complements our existing brand portfolio. All of them are different, but very relevant in their respective segments. In return, Mobile Vikings customers will have the best mobile network in Belgium at their disposal and benefit from Proximus' future innovations. This transaction will be a driver of value creation, commercial innovation and growth," Guillaume Boutin, Proximus CEO.