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Proximus gets temporary 5G licence, posts net income beat – Source Reuters Tech News

(Reuters) – Belgian telephone, internet and television service provider Proximus reported higher than expected first-quarter net profit on Thursday, and said market regulator BIPT has granted it and four other companies temporary 5G licences.

FILE PHOTO: A flag with the logo of Proximus is seen at the headquarters of the Belgian telecoms operator in Brussels, Belgium January 9, 2019. REUTERS/Francois Lenoir

BIPT has offered 40MHz of channel bandwidth each to Proximus, Cegeka, Entropia, Telenet and Orange Belgium, it said.

These temporary licences will remain valid until the 5G auction, delayed indefinitely in Belgium due to a disagreement between regional governments over proceedings, the company added.

On April 1, Proximus became the first operator to launch fifth generation mobile network in the country, using spectrum in existing holdings.

However on April 14 municipal authorities in one of the first cities to receive the technology, Ottignies-Louvain-la-Neuve, said the operator…

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Source Reuters Tech News

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