(Technology) – Proximus is the first mobile operator to launch Belgium’s 5G network, announced that market regulator BIPT allotted temporary 5G licences to it and four other companies.
BIPT offered 40MHz to Proximus, Cegeka, Entropia, Telenet and Orange Belgium.
The temporary licenses have validity until the 5G auction, which has been delayed due to a disagreement between regional governments over auction proceeds.
Proximus is 53.5% owned by the Belgian government and it also reported first-quarter domestic core profit slightly above expectations at 428 million euros.
All the targets announced on March 31 according to Proximus, adding that the coronavirus pandemic’s impact on its results will become more pronounced in the second quarter.
(Photos syndicated via Reuters)
This story has been edited by BH staff and is published from a syndicated field.