Orange Belgium completes the acquisition of a 75% stake minus 1 share in telco operator VOO SA

Orange Belgium announces today that it has completed its acquisition of a controlling stake in telco operator VOO SA. The closing of this deal will give Orange Belgium a 75% stake minus 1 share in VOO SA, with the remaining 25% plus one share retained by Nethys.

This transaction values VOO at an enterprise value of €1.8 billion for 100% of the capital. Orange Belgium will finance this transaction through an intra-Group loan.

Xavier Pichon, CEO of Orange Belgium, comments: “For decades, we developed our telecom skills and pioneering spirit to challenge the market, but as from today, we have the industrial power, tech means and commercial scale to accelerate and Lead the Future_ of the Belgian telco market in the interest of all consumers, employees and society in general.”

 

 

IMPORTANT NOTE - Not for publication

More on Orange Belgium's long-term strategy Lead the Future_ will be presented during a press conference on June 8th at 1pm at Palais 12 in Brussels.

Sven Adams

Director Corporate Communications, ESG & Events, Orange Belgium

 

 

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About Orange Belgium

 

Orange Belgium is one of the leading telecommunications operators in the Belgian market, with a turnover of € 966.5 million, 3.6 million mobile customers and over 1 million fixed broadband customers on 30 June 2026, and in Luxembourg via its subsidiary Orange Communications Luxembourg. Thanks to its own fixed and mobile networks, it offers both residential and business customers fixed and mobile connectivity services and converged packages (internet, telephony, television, including original TV content: Be tv, Orange Sports, etc.). As a responsible operator, Orange Belgium invests to reduce its ecological footprint and promote sustainable and inclusive digital practices. Orange Belgium is also a wholesale operator, offering its partners access to its infrastructure as well as a broad portfolio of connectivity and mobility services, including offerings based on Big Data and the Internet of Things (IoT). 

Orange Belgium is a subsidiary of the Orange Group, which operates in 26 countries and had a total customer base of 300 million worldwide on 30 June 2026. Orange is also one of the world’s leading providers of telecommunications services to multinational companies under the Orange Business brand.

Orange Belgium is listed on the Brussels Stock Exchange (OBEL). 

For more information, on the internet and on your mobile: corporate.orange.be, www.orange.be

Orange and any other Orange product or service names included in this material are trademarks of Orange or Orange Brand Services Limited. 

 

Contact

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press@orange.be

corporate.orange.be