About Proximus Group
Proximus Group is a company based in Brussels (Belgium) founded in 1994.. The company has 11,634 employees as of December 31, 2022. Proximus Group has completed 11 acquisitions, including BICS, Be-Mobile and Codit. Proximus Group offers products and services including 365guard, Telecom Services, and ICT Services. Proximus Group operates in a competitive market with competitors including MTN, Jio, Airtel, SK Telecom and Optus, among others.
- Headquarter Brussels, Belgium
- Employees 11634 as on 31 Dec, 2022
- Stage Public
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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Social
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Annual Revenue
$7.08 B (USD)8as on Dec 31, 2024
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Net Profit
$493.51 M (USD)28as on Dec 31, 2024
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EBITDA
$-1.01 B (USD)-10as on Dec 31, 2024
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Latest Funding Round
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Investors
European Investment Bank
& 2 more
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Employee Count
11634
as on Dec 31, 2022
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Investments & Acquisitions
BICS
& 10 more
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Products & Services of Proximus Group
Proximus Group offers a comprehensive portfolio of products and services, including 365guard, Telecom Services, and ICT Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-powered tool to block SMS spam and fraud messages.
Provides fixed and mobile network connectivity options.
Offers digital communication and data management solutions.
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Software Development Team
66 people
Leadership Team
18 people
Product Management Team
13 people
Creative and Marketing Team
10 people
Procurement Team
10 people
Finance and Accounting
10 people
Customer Team
8 people
Operations Team
7 people
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Funding Insights of Proximus Group
- Total Funding Total Funding
- Total Rounds 30
- Last Round Last Round
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First Round
First Round
(01 Jun 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Post-IPO - Proximus Group | Valuation |
investors |
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| Feb, 2022 | Amount | Grant - Proximus Group | Valuation |
investors |
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| Dec, 2021 | Amount | Grant - Proximus Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Proximus Group
Proximus Group has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Investment Bank, European Union and Carraun. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Finance and advisory services for infrastructure projects are provided.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Proximus Group
Proximus Group has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include BICS, Be-Mobile and Codit. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Web development services are provided by Unbrace in Belgium.
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2014 | ||||
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Online radio stations and podcasts are streamed by Radioline.
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2012 | ||||
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Mobile telecommunication services provider
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Proximus Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Proximus Group Comparisons
Competitors of Proximus Group
Proximus Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MTN, Jio, Airtel, SK Telecom and Optus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
MTN Group is recognized as a leading telecommunications provider in Africa.
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| domain | founded_year | HQ Location |
Provider of telecommunication services
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| domain | founded_year | HQ Location |
Airtel is recognized as a provider of telecommunications and internet services.
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| domain | founded_year | HQ Location |
Provider of integrated telecommunication services
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| domain | founded_year | HQ Location |
Mobile internet services are provided for homes and offices.
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| domain | founded_year | HQ Location |
Integrated telecom service provider
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Proximus Group
Frequently Asked Questions about Proximus Group
When was Proximus Group founded?
Proximus Group was founded in 1994 and raised its 1st funding round 20 years after it was founded.
Where is Proximus Group located?
Proximus Group is headquartered in Brussels, Belgium. It is registered at Brussels, Brussels-capital Region, Belgium.
Who is the current CEO of Proximus Group?
Stijn Bijnens is the current CEO of Proximus Group.
How many employees does Proximus Group have?
As of Dec 31, 2022, the latest employee count at Proximus Group is 11,634.
What is the annual revenue of Proximus Group?
Annual revenue of Proximus Group is $7.08B as on Dec 31, 2024.
What does Proximus Group do?
Proximus Group was founded in 1994 and is based in Brussels, Belgium, where it operates as the countrys largest telecommunications provider. Services encompassing telephony, internet, digital television, and network-based ICT are delivered across Belgium, Luxembourg, and the Netherlands through brands including Proximus, Scarlet, Tango, Telindus, and BICS. Rebranding from Belgacom to Proximus occurred in 2014. In 2020, annual revenues of 6.2 billion and net profit of 644.1 million were reported.
Who are the top competitors of Proximus Group?
What products or services does Proximus Group offer?
Proximus Group offers 365guard, Telecom Services, and ICT Services.
How many acquisitions has Proximus Group made?
Who are Proximus Group's investors?
Proximus Group has 3 investors. Key investors include European Investment Bank, European Union, and Carraun.
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