Telenet, the largest cable operator in Belgium, has raised EUR985 million through an initial public offering (IPO) in which it sold shares at EUR21 each, at the bottom of the range used to market the IPO. The sale valued the company at EUR2.1 billion; Telenet had been seeking a market value of up to EUR2.5 billion in a move to raise money to reduce debt and fund growth. The stock started trading in Brussels yesterday.
Subscribe
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Browse
Filter
Filter CommsUpdate by the following categories or use the search.
Search
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
Advertise
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors
- Regulators