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  September 5, 2001
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Home > Company Index > Telecommunications > Diversified Telecom Service Providers > Belgacom SA

Belgacom SA
 NEWS FROM THE STANDARD
KPN, Belgacom Just Say 'No' to Merger
Aug 31 2001 06:28 AM PDT

 PROFILE
Belgian lines advance into France? Belgacom offers fixed and mobile phone service and Internet access in Belgium, and though it's no invasion, the company has consolidated its growing French operations as Belgacom France. Belgacom has also built on the domestic success of its 75%-owned Belgacom Mobile (3.6 million subscribers) by launching upstart mobile phone joint venture BEN Nederland in the Netherlands (with TDC, formerly Tele Danmark). The company offers a range of corporate data services, Internet access, and has diversified into security monitoring with Belgacom Alert Services. The Belgian government owns just over 50% of Belgacom, and a consortium that includes SBC, SingTel, and TDC owns the rest.

 COMPETITION
France Telecom (FTE)
Royal KPN N.V. (KPN)
VersaTel Telecom International N.V. (VRSA)

 DEALS
Deal: Netverk Gets $4 Million Investment
Date Announced: 11.30.00
Value of transaction (US $Mil): 4
Description: Wireless-communications company receives $4 million investment from European telcos.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 4,840.80
1-Yr. Sales Growth: 4.4%
Employees: 23,474
Revenue per employee: $206,219.65

 KEY PEOPLE
• John J. Goossens
    CEO
• Ray Stewart
    CFO

 CONTACT INFO
Bd du Roi Albert II, 27
B-1030 Brussels, Belgium
Phone: 32-2-202-41-11
Fax: 32-2-203-65-93
Online: Web Site

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