Ua development strategy in India and the USA which would raise questions, a management which would not do the job correctly, just like the shareholder… in recent weeks, Proximus – semi-public telecoms operator; the Belgian state has a majority stake (53.61%) – has taken a hit, with a series of unflattering articles published in the country’s main daily newspapers.
Wrongly, according to the company, which announces that it has requested to be heard urgently by the Mobility, Public Enterprises and Federal Institutions Committee of the Chamber. A rather singular approach since it comes in this case from management and not from parliamentarians.
“These criticisms made against us concerning the strategy followed, the shareholder base, the board of directors and the management are based on erroneous information,” states Proximus in particular. Adding to play “a crucial role in digital development. This is why we ourselves wish to present to all parliamentarians the strategy and its ambitions, both national and international, as well as the operational and financial results, the investment program in fiber and 5G networks, the evolution of share price and governance framework”. Quite a program.
It is The Free at the end of October who was the first to put his finger on a stock price that had shrunk by 75% in 5 years and opened the microphone to Georges-Louis Bouchez, president of the MR, who was furiously angry against Guillaume Boutin, boss of the operator. A meeting later between the two men, reported as “constructive” on Linkedln by Boutin, was therefore not enough. Since then, the N-VA has also gotten involved by believing that it is necessary to reassess the (recent) extension of the CEO’s mandate.
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Georges-Louis Bouchez accuses Proximus and the State shareholder: rightly or wrongly?
Belgium
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