• Disclosure in accordance with the Law of May 2, 2007
    Disclosure in accordance with the Law of May 2, 2007

    Transparency Declaration

    Mechelen, July 11, 2014 - Telenet Group Holding NV ("Telenet" or "the Company") (Euronext Brussels: TNET) hereby discloses information in accordance with Article 14 of the Law of May 2, 2007 and the related Royal Decree of February 14, 2008:

    Yesterday, Telenet received a transparency declaration from Omega Advisors, Inc., stating that the participation of Omega Advisors, Inc., as of April 30, 2014, dropped below the statutory threshold of 3% of the total outstanding share capital of the Company.

    The complete text of this transparency declaration is also available on the Investor Relations section of our website http://investors.telenet.be.

    Any increase above (or decrease below) the following thresholds, requires a declaration to Telenet and to the Financial Services and Markets Authority (FSMA):

    1. 3% statutory threshold, as set out by the articles of association of the Company;
    2. 5% or each multiple of 5%, as set out by Belgian law.

    Transparency declaration forms are available on the website of the FSMA:

    http://www.fsma.be/nl/Supervision/fm/gv/ah/circah/ov.aspx

    A detailed guide for completing a transparency declaration is also available on the website of the FSMA:

    http://www.fsma.be/~/media/Files/circah/NL/gv/ah/cbfa_2008_16.ashx

    The transparency declaration form should be submitted to:

    1. the FSMA (email trp.fin@fsma.be and fax* +32 2 220 59 12)
    2. Telenet (email investor.relations@staff.telenet.be and fax* +32 15 33 59 59)
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    11-07-2014
  • Disclosure in accordance with the Law of May 2, 2007 - June 2014 Update on share capital, outstanding securities and voting rights
    Disclosure in accordance with the Law of May 2, 2007 - June 2014 Update on share capital, outstanding securities and voting rights

     

    Mechelen, July 1, 2014 - Telenet Group Holding NV ("Telenet" or "the Company") (Euronext Brussels: TNET) hereby discloses information in accordance with Article 15 of the Law of May 2, 2007 and the related Royal Decree of February 14, 2008:


    cfr press release

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    01-07-2014
  • Telenet goes full out for Flemish programmes
    Telenet goes full out for Flemish programmes

    Mechelen-based company invests in Flemish media landscape again by participating in De Vijver Media

    Mechelen, 17 June 2014 - Telenet announces today that it has reached an agreement with the shareholders of De Vijver Media to make sure that Flemish viewers can still enjoy the large number of Flemish quality programmes on channels VIER and VIJF. Telenet acquires a 50% stake in De Vijver Media via an acquisition of Sanoma's shares for 26 million and an additional cash investment in the company of 32 million. Wouter Vandenhaute, CEO of De Vijver Media and his business partner, Erik Watté, keep 25 % of the shares through their company W&W. Corelio also keeps 25 % of the shares in De Vijver Media. Telenet's long-term participation gives SBS and Woestijnvis the necessary breathing space to develop their strategy further, and at the same time new financial and technological possibilities are created for the Flemish audiovisual sector to continue producing local creative top programmes. The agreement will now - as laid down by law - be submitted to the European Competition Authorities for final approval.  

    Thanks to the participation in De Vijver Media, Telenet is able to give impulses to a new channel model and, together with channels VIER and VIJF, have a hand in innovating the Flemish channel landscape. Thanks to the growing convergence between fixed and mobile services and Internet and classic television, the next step is necessary to allow customers to enjoy the new possibilities under the best conditions. Telenet believes that in cooperation with VIER and VIJF, it can help to create an even richer television experience for the consumer.

    John Porter, CEO Telenet: "I am very pleased that we have reached an agreement with De Vijver Media. Our participation in this extremely creative company heralds a new step for us to achieve innovation in local content, together with an existing strong channel group. Our objective is to offer Flemish viewers the best and most modern multimedia entertainment. A participation in De Vijver Media should make this possible. Of course, this is not an obvious step for a cable company, but I am convinced that the Flemish media landscape can only get stronger with this participation and that Flemish viewers will benefit."

    Wouter Vandenhaute, CEO of De Vijver Media: "Telenet's investment allows us to look at the future with confidence. Woestijnvis wants to remain a strong and innovative production house and VIER and VIJF want to continue growing. A television landscape with, in addition to a public broadcasting corporation, two commercial players, offers the best guarantee in the long term to provide quality to Flemish viewers, who have been spoiled these last two years. Telenet will not only give us the necessary support, their technological know-how can also seriously help us to carve out a strong position in a sector which will evolve more and more over the coming years."

     

    Luc Missorten, CEO of Corelio, also considers Telenet within De Vijver Media as a partner for strong and sustainable ambitions within the audiovisual sector: "With Mediahuis, we recently launched a strong partnership for the further development and innovation of our print and digital publishing activities. Telenet is a very innovative Flemish media and technology company. This know-how, combined with Woestijnvis's creative contribution and Corelio's journalistic and publishing expertise, offers guarantees for a strong partnership within De Vijver. Corelio is happy to have been the driving force for two strong partnerships in the rapidly changing media landscape."

    As a local player in the Flemish media ecosystem, Telenet, for years, has supported a strong audio-visual landscape in Flanders to counterbalance foreign players who are increasing in strength. Telenet supports local channel initiatives such as Studio 100, Ment TV, Acht, (L)Acht, Njam, and LibelleTV. Recently, Telenet renewed its contracts with big broadcasters such as VRT, RTBf and MEDIALAAN and last week again acquired the broadcasting rights for all matches of Belgian top flight football. Thanks to Yelo TV and Rex and Rio, Telenet ensures its customers' viewing experience is constantly improved. In 2012, Telenet launched its STAP initiative, investing 30 million euros in local series and films over 4 years. Het Vonnis, Marina, the FC De Kampioenen film and series such as Met Man en Macht were jointly made possible thanks to Telenet's financial support. The participation in De Vijver Media fits in this strategy of support of strong local audiovisual content.

    Telenet underlines that the participation in De Vijver Media will not result in a change in the agreements they have today with other television providers. Telenet will not consolidate De Vijver Media's activities.


    Click on the link to see the full press release + new shareholder structure De Vijver Media.

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    17-06-2014
  • Belgian soccer also over the next three seasons on Sporting Telenet
    Belgian soccer also over the next three seasons on Sporting Telenet

    Mechelen, 13 June 2014 - Telenet is happy to announce that football fans will be able to enjoy all Jupiler Pro League matches on Sporting Telenet over the next three seasons. Telenet guarantees that, for now, nothing has changed to the offer or price of the Sporting Telenet subscription.

     

    All matches available to everyone
    As of January, Telenet is seeking a non-exclusive division of the Belgian football rights. This allows all consumers to enjoy The Jupiler Pro League, regardless of their television provider. Football aficionados will no longer (annoyingly) have to change television operator every time the broadcasting rights change hands. Telenet is happy that the rights have been awarded for the next three years on a non-exclusive basis. Thanks to the Pro League's decision, Telenet is also able to reasure to its Sporting Telenet customers that they can follow all matches of the Belgian competition live on Sporting Telenet until the 2016-2017 season.

    Inge Smidts, Sr Vice President Residential Marketing: "We are glad that the outcome of this dossier is positive for all football fans. Because the rights were granted on a non-exclusive basis, everyone, regardless of his/her operator, is able to enjoy Belgian top flight football. Football will receive more resources over the coming seasons and be watched by more supporters: this is excellent news for the sport and fans alike. But above all, we are very happy to confirm to our Sporting Telenet customers that they will also be able to enjoy all Belgian top flight matches for the next seasons."

    No changes to the Sporting subscription
    Telenet guarantees its Sporting customers that from the start of the next football season, they will be able to enjoy football and the broader sports offer in the same way. For now, the offer or the price of the Sporting Telenet subscription remains unchanged. 

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    13-06-2014
  • Telenet invests heavily in young Flemish digital entrepreneurial talent
    Telenet invests heavily in young Flemish digital entrepreneurial talent
    • One million euros invested over two years in entrepreneurial talent to stimulate digital innovation
    • First step through structural partnership in Telenet Idealabs
    • Collaboration with iMinds for the iStart programme

    Mechelen, 15 May 2014 - Innovation is, and always will be, of prime importance to Telenet. The company will therefore invest heavily in young Flemish digital entrepreneurial talent to stimulate innovation. This will initially take the form of a partnership with Idealabs, the start-up community and accelerator that will now be called Telenet Idealabs. Telenet Idealabs wants to give young digital entrepreneurs a firm boost. The Mechelen-based firm also announced it will work together with iMinds on the iStart programme. Over the next two years, Telenet will invest a total of one million euros in innovation trajectories of young local entrepreneurs to help put Flanders even more firmly on the innovation map.

     

    Investing in innovation

    Innovation is a substantial part of Telenet's DNA. The company was the first to introduce high-speed Internet and taught the whole of Flanders to watch digital TV. With Yelo TV, Telenet was also the first operator in Europe to develop the first app to watch TV on your tablet. Even within the worldwide Liberty Global group, Telenet is a prominent hub for innovation. Telenet sees innovation as extremely important for the future, guaranteeing job security and economic prosperity in Flanders.

     

    Young entrepreneurs starting up often face all sorts of practical problems. Telenet wants to take responsibility by helping them in that process. Telenet will invest in young entrepreneurial talent by working together with Idealabs and iMinds. That way, they can help start-ups accelerate and grow. At the same time, those start-ups can enrich and inspire Telenet by nurturing and improving innovative ideas that emerge within Telenet. Telenet also wants to keep stimulating its own in-house innovation culture, and hopes for a cross-fertilization.

     

    Telenet Idealabs

    Telenet will initially join forces with Idealabs, the start-up community that will now be called Telenet Idealabs. Flemish start-ups with a digital business idea can come to Idealabs for an ambitious accelerator and growth programme. Telenet will set up a Telenet Idealabs fund to give financial support to those programmes. Besides financial support, Telenet will also offer product development, finance and marketing know-how.

     

    Between 15 May and 31 July, start-ups can submit their project to telenetidealabs.be. The most innovative entrepreneurs will be selected by a panel of judges to complete the four-month intensive accelerator programme. Telenet Idealabs will coach the entrepreneurs in the process of developing their ideas into products and services that are ready to conquer the market. The start-ups also have a network of 80 mentors to fall back on. Each start-up is entitled to financial backing of up to 25,000 euros under the accelerator programme. Subsequently, they can pitch their ideas back to the panel. The most successful start-ups will be admitted to a four-month growth programme with up to 50,000 euros worth of financial backing. This programme will give the start-ups a leg-up to the next level of entrepreneurship.

     

    The investment comes from the Telenet Idealabs Fund. Telenet will have no control, rights, options or ownership over those firms.  After the programmes the start-up will always be able to work together with Telenet on a non-committal basis. Telenet Idealabs will also organize pitch days where entrepreneurs can present their business to various investors.

     

    John Porter, CEO Telenet: "Flanders has a high-quality education system, a unique knowledge of languages, and a great broadband Internet infrastructure. All the building blocks are available to create a dynamic climate of innovation. Nevertheless, extra support is needed to keep innovative industries here, which is key to creating long-term economic prosperity. Since innovation is very important to us, we want to lend a helping hand. We see that often the start-up is the most difficult part, and this is where we want to intervene. With Telenet Idealabs, we want to offer operational support to budding entrepreneurs in the production of their ideas and give them financial backing. They are the future companies that will boost our digital economy and enable us to reap the fruits of the innovation potential and the great broadband infrastructure which we have in Flanders." 

    Nicolas Verellen, founder Idealabs: "For two years now, we have been actively promoting entrepreneurship from our physical hub in Antwerp.  We built an offline & online community of entrepreneurs that we bring together via events, activities, classes, workshops and a startup accelerator. The partnership with Telenet increases the impact and enables us to build an even better start-up programme. Starters will benefit the coaching of mentors and specialists in the areas of sales, marketing, product development and internationalization.  Telenet Idealabs is also supported by Deloitte and Laga to supply the young companies with consultancy on accountancy fiscal, , and legal advice."

     

    iMinds

    Besides the partnership with Idealabs, Telenet is also committed to supporting the iStart entrepreneurship programme of iMinds. The iMinds iStart programme inspires and trains budding entrepreneurs, and helps them turn their innovative ideas into a successful business. So far, iStart has resulted in more than 50 high-tech start-ups. Telenet acknowledges the added value of iStart for the Flemish economy, and from that perspective it will offer all newly selected firms an all-in-one business solution for one year with high-performance Internet connectivity and telephony (Telenet Fluo range) and CloudOffice (Microsoft 360) for the staff. This allows the entrepreneurs to make more funds available for - and focus on - their business activities. In the long term, Telenet hopes to create a symbiosis between all innovation initiatives in Flanders, so that valuable business ideas which Telenet Idealabs helps to give shape in start-ups can subsequently develop further inside iMinds.

    Wim De Waele, CEO iMinds: "This initiative of Telenet helps to build a healthy entrepreneurial landscape in Flanders, with growth opportunities for innovative ideas. The partnership between Telenet on the one hand and Idealabs and iMinds on the other further strengthens the entrepreneurial scene in Flanders, which is perfectly in keeping with the iMinds philosophy of giving structural support - where possible - to entrepreneurs through partnerships with key players in our economic fabric."

     

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    15-05-2014
  • Update on Share Repurchase Program 2014
    Update on Share Repurchase Program 2014

    Mechelen, May 13, 2014 - Telenet Group Holding NV ("Telenet" or "the Company") (Euronext Brussels: TNET) hereby discloses information in accordance with Article 207 of the Royal Decree of January 30, 2001 in execution of the Belgian Company Code:

    Under the Share Repurchase Program 2014 as announced on February 13, 2014, the Company reports today that during the period from May 9 until May 13, 2014, the following transactions took place either through the regulated market of NYSE Euronext Brussels or through block trades in accordance with applicable regulations:

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    13-05-2014
  • Update on Share Repurchase Program 2014
    Update on Share Repurchase Program 2014

    Mechelen, May 8, 2014 - Telenet Group Holding NV ("Telenet" or "the Company") (Euronext Brussels: TNET) hereby discloses information in accordance with Article 207 of the Royal Decree of January 30, 2001 in execution of the Belgian Company Code:

    Under the Share Repurchase Program 2014 as announced on February 13, 2014, the Company reports today that during the period from April 28 until May 8, 2014, the following transactions took place either through the regulated market of NYSE Euronext Brussels or through block trades in accordance with applicable regulations:

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    08-05-2014
  • Telenet introduces a service policy for purchased television decoders
    Telenet introduces a service policy for purchased television decoders

    Mechelen, 6 May 2014 Telenet is launching a service policy for purchased Digicorders, Digiboxes and CI+ modules (“TV with a Card”) with immediate effect. The company undertakes to guarantee the basic digital television services[1] that are provided on these purchased decoders for a period of five years. With this, Telenet is responding to reactions from customers following the announced discontinuation of support of Standard Definition (SD) decoders on 2 September 2014. The new service policy is applicable to all TV decoders sold by Telenet that are currently available in the market, or that will be launched onto the market in the future.

     

    Five years support of basic services
    With this service commitment, Telenet aims to guarantee that the services of digital television that are provided with any purchased decoder will be available for at least five years, with no extra cost. In the event of a technological innovation being introduced during this period, with the result that a certain category of Digiboxes or Digicorders would no longer function, Telenet plans to provide an alternative by making a corresponding decoder available to the customer for the remaining term of the remaining period. At the end of the period during which the decoder is made available free of charge, the customer will return to the rental rate that is applicable at the time. After this period, the customer can, of course, also simply return his decoder to an authorised Telenet Service Center.

     

    This service policy comes into force retroactively on 2 April 2014 and applies to customers who are using a Digicorder or Digibox that was purchased and activated from 2 April 2009 onwards. To calculate the effective period that a new Digicorder or Digibox will be made available free of charge, the initial purchase date will apply. Telenet will put a new decoder at the disposal of the customer until the end of the remaining period after purchase from Telenet.

     

    A concrete example: A customer purchased and activated a Telenet Standard Definition decoder in 2011. If, in 2014, Telenet decides to only support High Definition decoders, Telenet puts a corresponding HD decoder at the disposal of the customer, free-of-charge until 2016.

    Telenet still advises use of the rental model
    Because the technology continues to evolve rapidly, Telenet still advises its customers to rent either Digicorders or Digiboxes. By renting a decoder, the customer can easily obtain the latest decoder model and continue to benefit from technological improvements or developments without any problems. Customers who opt for purchasing a decoder can now benefit from this new service policy, and are assured that the basic services of digital television will be guaranteed for 5 years.

    Inge Smidts, Sr VP Residential Marketing: “When we announced the discontinuation of our SD decoders early in April, we received major feedback from our customers. Customers who had purchased a Digibox or Digicorder in recent years had the feeling they were being left out in the cold, and that Telenet did not understand their problem. We listened to these customers. With our new service commitment, we aim to offer a structured solution and provide more transparency about the length of time over which a customer can enjoy the basic digital TV services. That’s the deal we are now making with our customers. In this context, I would also like to thank Test-Aankoop for their constructive attitude with regard to the development of our new service policy.

    Customer communication
    Customers who have purchased an SD decoder will receive a letter or an e-mail from Telenet from 5 May 2014 onwards, providing them with information about the new service policy. If  the device of the customer fits in this service policy, he will receive an e-mail or letter with more individual information.

    The new service policy will be published on www.telenet.be/servicebeleid from 6 May 2014 onwards.

    No letter, no impact.

    Finally, Telenet wishes to stress that customers who have not received a letter in April 2014 regarding the phasing out of the SD decoders do not need to worry, and don’t need to take any action to exchange their decoder. The decoders they are currently using support the current broadcast formats and are not involved in the SD migration operation.



    [1] The basic digital television services are as follows: (a) TV in digital quality, (b) calling up products from the TV store (if the Digibox/Digicorder is connected to the Telenet modem, and (c) recording, pausing, rewinding and fast forwarding (for the Digicorder only)

     

    06-05-2014
  • Press Release Telenet : First Quarter 2014 Results
    Press Release Telenet : First Quarter 2014 Results
    • Solid net triple-play growth, up 32% yoy, resulting in 47% of customers subscribing to triple-play;
    • Adjusted EBITDA up 18% yoy to €237.8 million on substantially lower network operating and service costs, including lower handset subsidies and a €12.5 million nonrecurring benefit;
    • FY outlook reiterated, expecting revenue growth trend to improve relative to the Q1 2014 run-rate.

    Mechelen, April 28, 2014 - Telenet Group Holding NV ("Telenet" or the "Company") (Euronext Brussels: TNET) announces its unaudited consolidated results under International Financial Reporting Standards as adopted by the European Union ("EU IFRS") for the three months ended March 31, 2014

    HIGHLIGHTS :

    • Revenue of €416.8 million, up 3% yoy, impacted by substantially lower revenue from the sale of standalone handsets, temporary price promotions and only a partial benefit from the February 1, 2014 price increase; 
    • Continued momentum for our leading triple-play bundles with 24,100 net triple-play subscribers added in Q1 2014, which was our best Q1 performance since 2009, despite the intensely competitive environment;
    • 779,800 mobile postpaid subscribers at March 31, 2014 as a result of 29,300 net subscribers additions in Q1 2014 - improved mobile offerings in March, including free 4G access, should drive future growth;
    • Adjusted EBITDA(1) of €237.8 million, up 18% yoy, yielding a margin of 57.1%. Adjusted EBITDA growth was primarily driven by substantially lower costs associated with handset subsidies and included a nonrecurring €12.5 million benefit related to the settlement of certain operational contingencies. Excluding this impact, our Adjusted EBITDA growth reached 12% yoy in Q1 2014;
    • Accrued capital expenditures(2) of €70.0 million, representing around 17% of revenue, impacted by phasing of set-top box related capital expenditures and 10% lower capital expenditures for customer installations yoy;
    • Free Cash Flow(3) showed strong growth from a negative €10.0 million in Q1 2013 to €27.6 million in Q1 2014, driven by robust Adjusted EBITDA growth and an improvement in our working capital;
    • Successful refinancing of our Term Loans Q, R and T and €100.0 million Senior Secured Notes due 2016 extends average debt maturity profile at attractive market conditions with upsized Revolving Facility.
     
     

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    28-04-2014
  • Disclosure in accordance with the Law of May 2, 2007 - April 2014 Update on share capital, outstanding securities and voting rights
    Disclosure in accordance with the Law of May 2, 2007 - April 2014 Update on share capital, outstanding securities and voting rights

    Mechelen, April 25, 2014 - Telenet Group Holding NV ("Telenet" or "the Company") (Euronext Brussels: TNET) hereby discloses information in accordance with Article 15 of the Law of May 2, 2007 and the related Royal Decree of February 14, 2008:

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    25-04-2014
  • Update on Share Repurchase Program 2014
    Update on Share Repurchase Program 2014

    The enclosed information constitutes regulated information as defined in the Royal Decree of 14 November 2007  regarding the duties of issuers of financial instruments which have been admitted for trading on a regulated market.

    Mechelen, April 25, 2014 - Telenet Group Holding NV ("Telenet" or "the Company") (Euronext Brussels: TNET) hereby discloses information in accordance with Article 207 of the Royal Decree of January 30, 2001 in execution of the Belgian Company Code.

    The Company currently holds 183,157 shares, being 0.16 % of the total outstanding shares.

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    25-04-2014
  • Dieter Nieuwdorp appointed SVP Strategy & Corporate Development
    Dieter Nieuwdorp appointed SVP Strategy & Corporate Development

    Mechelen, 23 April 2014 - Telenet announced today that Dieter Nieuwdorp (39) will be appointed as the new Senior Vice-President Strategy & Corporate Development on 1 May 2014. He will also become a member of the Senior Leadership Team (SLT) and will report directly to John Porter, CEO of Telenet.

    Dieter Nieuwdorp has worked at the Telenet Legal department as VP Corporate Counsel & Insurance since March 2007. In his new role as SVP Strategy & Corporate Development, he will take charge of Telenet's strategy department, succeeding Vincent Bruyneel who will become the new VP Strategy and Corporate Development at Liberty Global as of 1 May 2014.

    Dieter Nieuwdorp will combine management of the strategy department with his current role as Secretary of the Board of Directors at Telenet.

    "Telenet has several talented managers in its ranks. Following Dieter Nieuwdorp's promotion, I want to stimulate internal promotion. Dieter is in fact a Telenet employee pur sang. He has been closely involved in all major decisions over the past years. This means he has extensive knowledge, which makes him the ideal candidate to fill this role." says John Porter, CEO of Telenet.

    Dieter Nieuwdorp studied Law at the Catholic University of Leuven and obtained a Master of Law at Pennsylvania University. He started his career as a lawyer at Loeff Claeys Verbeke and in 2001 also moved to Allen & Overy. In 2007, he left the Bar to join Telenet as Corporate Counsel and Secretary of the Board of Directors.

    Dieter Nieuwdorp is Belgian, married and father of three children. He currently lives in Herent.

    We already mentioned that Vincent Bruyneel's current tasks will be taken over by two other Telenet SLT members: Investor Relations will be CFO Birgit Conix's responsibility as of 1 May, Ann Caluwaerts, Sr VP Corporate Affairs & Media, will manage the Corporate communication department as of 1 May.

     

     

    For more information about Telenet, contact:
    Stefan Coenjaerts, spokesman Telenet,
    T: 015/33.55.44
    E: stefan.coenjaerts@staff.telenet.be

    About Telenet

    Telenet is a leading provider of media and telecommunication services. Its business comprises the provision of cable television, high-speed internet and fixed and mobile telephony services, primarily to residential customers in Flanders and Brussels Telenet also delivers services to companies in Belgium and Luxembourg. Telenet is listed on Euronext Brussels under ticker symbol TNET. For more information, please go to www.telenet.be

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    23-04-2014
  • Press Release Telenet : Update on Share Repurchase Program 2014
    Press Release Telenet : Update on Share Repurchase Program 2014

    Mechelen, April 16, 2014 - Telenet Group Holding NV ("Telenet" or "the Company") (Euronext Brussels: TNET) hereby discloses information in accordance with Article 207 of the Royal Decree of January 30, 2001 in execution of the Belgian Company Code.

    cfr Press Release 

     

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    16-04-2014
  • Telenet announces €1,357.0 million new issuance under the 2010 Amended Senior Credit Facility
    Telenet announces €1,357.0 million new issuance under the 2010 Amended Senior Credit Facility
    • Telenet International Finance successfully issued two new Term Loans W and Y for an aggregate principal amount of €1,357.0 million;
       
    • New 8-year Term Loan W of €474.1 million, carrying a margin of 3.25% over Euribor;
       
    • New 9-year Term Loan Y of €882.9 million, carrying a margin of 3.50% over Euribor - first European cable company to successfully issue a Term Loan with a 9-year tenor;
       
    • Net proceeds of this net leverage-neutral transaction, together with available cash and cash equivalents, will be used to fully redeem the outstanding amounts under the Term Loans Q, R and T and the €100.0 million Senior Secured Notes due 2016;
       
    • New Revolving Facility X of €286.0 million due September 30, 2020, resulting in total undrawn commitments of €321.4 million;
       
    • As a result, Telenet International Finance will not face any debt amortizations prior to November 2020 and was able to extend the average maturity of its debt at attractive market conditions.

    Mechelen, April 16, 2014 - On March 24, 2014, Telenet International Finance S.à r.l. ("Telenet International Finance"), a wholly owned subsidiary of Telenet Group Holding NV ("Telenet" or the "Company") (Euronext Brussels: TNET) and which acts as the Group's financing subsidiary, announced an extension offer for Term Loans Q, R and T under its existing 2010 Amended Senior Credit Facility and the redemption of its 5.3% Senior Secured notes due 2016 ("Facility N" under the existing 2010 Amended Senior Credit Facility). Holders of Term Loans Q, R and T were invited to extend their maturity to June 2022 in a new €-denominated Term Loan W with a minimum size of €500.0 million. Proceeds of any new money raised to supplement non-rolled exposure was intended to be used to repay the 5.30% Senior Secured Notes due 2016 and existing Term Loans.

    As a result of the aforementioned refinancing, Telenet International Finance issued a new €474.1 million floating rate Term Loan under the 2010 Amended Senior Credit Facility ("Facility W") due June 30, 2022 carrying a margin of 3.25% over Euribor. In addition, Telenet International Finance issued a new €882.9 million floating rate Term Loan under the 2010 Amended Senior Credit Facility ("Facility Y") due June 30, 2023 carrying a margin of 3.50% over Euribor. The net proceeds of these new issuances, together with available cash and cash equivalents, will be used to fully redeem the outstanding amounts under Term Loans Q, R and T and the €100.0 million Senior Secured Notes due 2016. Consequently, the Company faces no debt amortizations prior to November 2020 and was able to extend the average maturity of its debt at attractive market conditions. The refinancing has been led by BNP Paribas Fortis, RBS and Scotiabank

    In addition, as part of the aforementioned refinancing, Telenet International Finance also launched an extension process for its existing Revolving Facility ("Facility S") with maturity December 31, 2016 carrying a margin of 2.75% over Euribor. Lenders under the Revolving Facility were asked to renew and extend their commitments into a new Revolving facility ("Facility X") with maturity September 30, 2020 carrying a margin of 2.75% over Euribor. As a result, Telenet International Finance has full access to a committed Revolving Facility of €321.4 million, being €35.4 million under "Facility S" (with availability up to December 31, 2016) and €286.0 million under "Facility X" (with availability up to September 30, 2020).

    The table in the attachted press release provides an overview of our debt instruments and payment schedule at the end of March 2014, post refinancing. 

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    16-04-2014
  • Update on Share Repurchase Program 2014
    Update on Share Repurchase Program 2014

    Mechelen, April 7, 2014 - Telenet Group Holding NV ("Telenet" or "the Company") (Euronext Brussels: TNET) hereby discloses information in accordance with Article 207 of the Royal Decree of January 30, 2001 in execution of the Belgian Company Code:

    Under the Share Repurchase Program 2014 as announced on February 13, 2014, the Company reports today that during the period from March 28 until April 7, 2014, the following transactions took place either through the regulated market of NYSE Euronext Brussels or through block trades in accordance with applicable regulations:

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    07-04-2014
  • Vincent Bruyneel to be appointed VP Strategy and Corporate Development at Liberty Global
    Vincent Bruyneel to be appointed VP Strategy and Corporate Development at Liberty Global

    Mechelen, 3 April 2014 - Vincent Bruyneel, Sr. VP of Strategy, Investor Relations & Corporate communication is leaving Telenet after 10 years and from 1 May 2014 will be Liberty Global's new VP Strategy & Corporate Development. Vincent Bruyneel will be responsible for developing and steering the group's corporate strategy with a specific focus on the Netherlands,  Belgium and Central & Eastern Europe.

    Vincent Bruyneel joined Telenet at the end of 2004 to assist the company with the Initial Public Offering (IPO) process. He was appointed Manager of Group Planning & Reporting, responsible for the long term plan, the budget and the company reporting.  In 2007, he was appointed Director of Investor Relations and in 2008 he took on additional responsibilities as Group Treasurer. In 2010, Vincent Bruyneel was appointed Vice President of Investor Relations, Corporate Finance & Corporate Development. On 1 March 2012, he joined the Senior Leadership Team as Senior Vice President of Strategy, Investor Relations & Corporate Communication. Previously, Vincent Bruyneel was active in corporate finance positions at financial consultancy firm Capco and at Procter & Gamble.

    John Porter, CEO of Telenet, responding to the departure, said: "Vincent Bruyneel has had a big share in Telenet's success over the past ten years. Over the past year, I got to know him as a top manager with an excellent track record and a very detailed knowledge of the industry. We are very happy with Vincent's contribution over the past years to turn Telenet into a healthy and sustainable company and want to thank him for this explicitly. I wish Vincent all the best with his new challenge at Liberty Global and look forward to working with him in his new position."

    For Telenet this is recognition of the management talent the company has within its ranks. The step made by Vincent illustrates that Flemish talent has opportunities to export knowledge and experience to other markets.

    Investor Relations will be CFO Birgit Conix's responsibility as of 1 May. Ann Caluwaerts, Sr. VP of Corporate Affairs & Media, will manage the Corporate Communication division. The new head of the strategy division will be announced at a later date.

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    03-04-2014
  • Update on Share Repurchase Program 2014
    Update on Share Repurchase Program 2014

    Mechelen, March 27, 2014 - Telenet Group Holding NV ("Telenet" or "the Company") (Euronext Brussels: TNET) hereby discloses information in accordance with Article 207 of the Royal Decree of January 30, 2001 in execution of the Belgian Company Code:

    Under the Share Repurchase Program 2014 as announced on February 13, 2014, the Company reports today that during the period from March 20 until March 27, 2014, the following transactions took place either through the regulated market of NYSE Euronext Brussels or through block trades in accordance with applicable regulations:


    cfr press release

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    27-03-2014
  • Bert De Graeve and Stéfan Descheemaeker nominated as new independent directors of Telenet Group Holding NV - Bert De Graeve succeeds Frank Donck as independent chairman
    Bert De Graeve and Stéfan Descheemaeker nominated as new independent directors of Telenet Group Holding NV - Bert De Graeve succeeds Frank Donck as independent chairman

    Mechelen, 27 March 2014 - Telenet Group Holding NV will publish tomorrow the agenda for its annual general meeting of shareholders to be held on 30 April 2014. In the agenda, the Board of Directors will propose that Mr Bert De Graeve and Mr Stéfan Descheemaeker be appointed, in their capacities as permanent representatives of  IDw Consult BVBA and SDS Invest NV respectively, as new independent directors of the company. Three of the four independent directors (Messrs Frank Donck, Alex Brabers and Julien De Wilde, the permanent representative of Wilde J Management BVBA) will see their mandates conclude at the upcoming general meeting of shareholders. This is because their independent directorships cannot be extended by law as they have either been directors for 12 years within the Telenet group or have spent three successive terms as independent directors. The independent directorship of Mr Michel Delloye, who is the permanent representative of Cytindus NV, will only conclude after the 2015 general meeting of shareholders.

    Should the general meeting of shareholders approve these appointments, then the new Board of Directors will consist of 10 members, three of whom are independent directors. The Board wishes to once again appoint an independent director as its chairman, and if Mr De Graeve is appointed as an independent director by the general meeting of shareholders, the Board of Directors shall also nominate him as the new chairman.

    cfr Press Release

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    27-03-2014
  • Telenet announces extension offer for Term Loans Q, R and T and redemption of Senior Secured Notes due 2016
    Telenet announces extension offer for Term Loans Q, R and T and redemption of Senior Secured Notes due 2016
    • Holders of Term Loans Q, R and T are invited to extend their maturity to June 2022 in a new  €-denominated Term Loan W with minimum size of €500.0 million;
    • Telenet International Finance S.à r.l. will submit a redemption notice for the 5.30% Senior Secured Notes due 2016 (Facility N under the existing 2010 Amended Senior Credit Facility);
    • Proceeds of any new money raised to supplement non-rolled exposure will be used to repay the 5.30% Senior Secured Notes due 2016 and existing Term Loans,  starting with Term Loan Q;
    • Existing Revolving Facility of €158.0 million to be refinanced.

    Mechelen, March 24, 2014 - Telenet International Finance S.à r.l. ("Telenet International Finance"), a wholly owned subsidiary of Telenet Group Holding NV ("Telenet" or the "Company") (Euronext Brussels: TNET) and which acts as the group's financing subsidiary, announces an extension offer for Term Loans Q, R and T under its existing 2010 Amended Senior Credit Facility and the redemption of its 5.3% Senior Secured notes due 2016 (Facility N under the existing 2010 Amended Senior Credit Facility). BNP Paribas Fortis, RBS and Scotiabank have been appointed as Mandated Lead Arrangers to manage the extension.

    Holders of Term Loans Q, R and T are invited to extend their maturity to June 2022 in a new €-denominated Term Loan W with a minimum size of €500.0 million. Proceeds of any new money raised to supplement non-rolled exposure will be used to repay the 5.30% Senior Secured Notes due 2016 and existing Term Loans, starting with Term Loan Q. This transaction will be leverage neutral and will further extend the average life of Telenet's debt. At the same time, Telenet International Finance seeks to extend both the tenor and the size of the €158.0 million Revolving Facility under the 2010 Amended Senior Credit Facility. Telenet's debt is rated B1 (Moody's) and B+ (S&P).

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    24-03-2014
  • Telenet and MEDIALAAN sign a new cooperation agreement
    Telenet and MEDIALAAN sign a new cooperation agreement

    Vilvoorde, 20 March 2014 - MEDIALAAN and Telenet announced today that they have signed a new cooperation agreement until the end of 2017. This agreement regulates the television rights (live and delayed) between the two parties, and allows them to respond to the demands of the modern television viewer. Thanks to this agreement, VTM, 2BE, Vitaya, VTMKZOOM and JIM will also be available for Yelo TV, and can therefore also be watched via tablet, PC and Smartphone. The new agreement is a breath of fresh air for everyone in the Flemish audiovisual landscape.

    For the viewer, this agreement is excellent news indeed. It is now possible to watch all MEDIALAAN programmes linearly via Yelo TV, and to manage recordings on tablet, PC or Smartphone. For MEDIALAAN, this means a substantial expansion of their viewing range. After all, about 400,000 Telenet customers make regular use of the Yelo TV app and/or website.

    Telenet will make every effort to enhance Yelo TV with VTM, 2BE, Vitaya, VTMKZOOM and JIM before the summer of 2014. Slightly delayed viewing will also be possible in the future, and other innovations with regard to the television experience will be developed together.

    Peter Bossaert, CEO of MEDIALAAN: "I'm very pleased with this agreement. TV viewing habits are changing dramatically, and that's good news, because people watch TV more than ever. Together, MEDIALAAN and Telenet will now seize the opportunity to develop this growth market further, and to update and innovate the existing television services at no additional cost for the viewer. We believe that cooperation between our companies creates value. We needed a little time for this, and have worked hard on it over the past few months. But I'm pleased that we've been able to make a clean break with the past and can look to the future once again."

     

    John Porter, CEO Telenet: "I'm extremely pleased and proud that we have come to a new agreement after a long period of negotiations - in which the viewer is clearly the winner. We have found each other as key local partners, and are now ready to make every effort to leverage further growth in the Flemish media landscape. Thanks to this new cooperation, we can offer all MEDIALAAN channels to our customers on all our platforms, and, in this way, ensure a rock-solid and complete television experience."

    ****

    Via the link below you can download a picture of Peter Bossaert and John Porter. 

    http://transfer.medialaan.net/download/8e803d19e45edbc8ce2856c6c8ffb8a8a4ef7e9e.jpg

    http://transfer.medialaan.net/download/b1a0e571f36a89c1475cd1a3f988a9ff23987363.jpg

     

     

     

    20-03-2014
  • Update on Share Repurchase Program 2014
    Update on Share Repurchase Program 2014

    Mechelen, March 19, 2014 - Telenet Group Holding NV ("Telenet" or "the Company") (Euronext Brussels: TNET) hereby discloses information in accordance with Article 207 of the Royal Decree of January 30, 2001 in execution of the Belgian Company Code:

    Under the Share Repurchase Program 2014 as announced on February 13, 2014, the Company reports today that during the period from March 11 until March 19, 2014, the following transactions took place either through the regulated market of NYSE Euronext Brussels or through block trades in accordance with applicable regulations:


    cfr press release.

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    19-03-2014
  • Telenet does it again: KING & KONG now even better
    Telenet does it again: KING & KONG now even better
    • New KING & KONG to meet consumer trends: rapidly growing data consumption.
    • KING Supersize: KING clients get twice as much for just € 5 more!
    • KONG clients get much more for less money.
    • 4G for everyone.


    Mechelen, 13 March 2014 - Telenet is once again shaking up the mobile phone market with its new KING & KONG price plans. They are meeting the consumer demand for constant on-line mobile access at highly competitive prices. Moreover, all mobile Telenet clients will get the benefit of an even better mobile 3G network. From 31 March, the company is expanding the network to 4G at no extra cost in any of its pricing plans.

    Mobile market shaken up

    Just under two years ago, Telenet opened up the market with its simple and transparent KING & KONG pricing plans. Telenet brought mobile Internet within everyone's budget. This also put an end to the jungle of pricing plans on the market. Clients were given the freedom to cancel their subscriptions whenever they wished, so the telecom company was ahead of the telecom legislation.

    KING & KONG has been a huge success. Barely six months after the launch, Telenet has welcomed  500,000 mobile clients. Its client database has now grown to 750,000. Partly due to KING & KONG, mobile phone use in Belgium has just about halved in price since 2012.

    The new KING & KONG range

    In anticipation of changing consumer behaviour and the ever-increasing data consumption, Telenet is refining its mobile range even more from 17 March.

    • The KING range is now even stronger with the Supersize option: For just € 5 more, clients get twice as much in mobile data (2 GB instead of 1 GB), messaging (20,000 instead of 10,000), and calling time (300 minutes instead of 150).
       
    • KONG clients get much more for less money. KONG clients will now be paying 5 euros less per month, yet they will be getting much more mobile data (3 GB instead of 2 GB), messaging (30,000 instead of 10,000), and calling time (3,000 instead of 2,000).

    With this refined range, the telecom company is continuing with the KING & KONG philosophy, which gives pride of place to the four pillars of simplicity, transparency, focus on loyal clients, and ongoing improvement for the benefit of clients.

    Inge Smidts, senior vice-president for residential marketing comments: "The new KING & KONG range means we are ready for the future. All clients can now enjoy the full benefits of the best mobile on-line access at a competitive price. 4G will be included for all our mobile clients. Furthermore, we're also offering them an even more efficient 3G network. As of today, our clients all over Belgium can also use homespots thanks to our partnership with VOO. This makes it even easier for them to get on-line even in Wallonia via Wi-Fi in the homes of friends or relatives. Access will take centre stage in the future."

    Focus on loyal clients: Everyone KING & KONG

    By the end of April, Telenet will have put all its mobile clients onto the correct pricing plan. This is part of Telenet's corporate strategy. This means the company is the first telecom operator to comply with the recent mobile agreement to offer its clients the most suitable price at all times. This also applies to Internet and entertainment products, with all clients being transferred proactively to Whop & Whoppa or Rex & Rio.

    The best mobile service

    Improvements in the mobile network are bearing fruit. At present, the network is one of the best in Belgium. Clients can now enjoy 99.7 % 3G coverage outdoors, and indoor access has doubled. Furthermore, download speed has now doubled to 6.5 Mbps. This corresponds with the network efficiency of the biggest mobile operator in history.

    From 31 March, Telenet will also be unveiling 4G for all its mobile clients at no extra cost. 4G ensures that clients can download material up to 10 times faster than with 3G. As a strategic partner of Apple, Telenet will also be offering 4G to iPhone users.

    Together with the ever-growing Wi-Free network, Telenet can offer all its clients the best mobile service. Recently, Telenet has announced that it now numbers 1,000,000 homespots. Thanks to its partnership with VOO, as of today, Telenet can now offer its Internet clients free use of VOO homespots in Wallonia and Brussels. Similarly, VOO clients can now also use the Telenet homespot network in Flanders and a part of Brussels. This partnership means a rise in the total number of homespots in Belgium to 1,250,000. Furthermore, Internet clients can still enjoy the benefit of 1,500 homespots in public areas such as airports, Plopsaland, and train stations.

     

    For more information about Telenet, contact:
    Evelyne Nieuwland, Telenet spokeswoman,
    Tel: (015) 335544 - E-mail: evelyne.nieuwland@staff.telenet.be

    About Telenet
    Telenet is a leading provider of media and telecommunication services. The company's core business is to provide cable television, high-speed Internet, and landline and mobile telephone services to mainly residential clients in Flanders and Brussels. Telenet also supplies services to companies in Belgium and Luxembourg. Telenet is listed on the Brussels Euronext stock exchange under the TNET ticker symbol. For more information, surf to www.telenet.be.

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    13-03-2014
  • Update on Share Repurchase Program 2014
    Update on Share Repurchase Program 2014

    Mechelen, March 11, 2014 - Telenet Group Holding NV ("Telenet" or "the Company") (Euronext Brussels: TNET) hereby discloses information in accordance with Article 207 of the Royal Decree of January 30, 2001 in execution of the Belgian Company Code:

    Under the Share Repurchase Program 2014 as announced on February 13, 2014, the Company reports today that during the period from March 1 until March 10, 2014, the following transactions took place either through the regulated market of NYSE Euronext Brussels or through block trades in accordance with applicable regulations:


    cfr press release

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    11-03-2014
  • Disclosure in accordance with the Law of May 2, 2007 - February 2014 Update on share capital, outstanding securities and voting rights
    Disclosure in accordance with the Law of May 2, 2007 - February 2014 Update on share capital, outstanding securities and voting rights

    Mechelen, March 3, 2014 - Telenet Group Holding NV ("Telenet" or "the Company") (Euronext Brussels: TNET) hereby discloses information in accordance with Article 15 of the Law of May 2, 2007 and the related Royal Decree of February 14, 2008


    Click on the link below to read the full press release.

    Click here to download
    03-03-2014
  • Update on Share Repurchase Program 2014
    Update on Share Repurchase Program 2014

    Mechelen, March 3, 2014 - Telenet Group Holding NV ("Telenet" or "the Company") (Euronext Brussels: TNET) hereby discloses information in accordance with Article 207 of the Royal Decree of January 30, 2001 in execution of the Belgian Company Code:

    Under the Share Repurchase Program 2014 as announced on February 13, 2014, the Company reports today that during the period from February 21 until February 28, 2014, the following transactions took place either through the regulated market of NYSE Euronext Brussels or through block trades in accordance with applicable regulations:


    Click on the link to read the full press release

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    03-03-2014
  • Telenet NV : Press Release - Update on Share Repurchase Program 2014
    Telenet NV : Press Release - Update on Share Repurchase Program 2014

     

    Mechelen, February 21, 2014 - Telenet Group Holding NV ("Telenet" or "the Company") (Euronext Brussels: TNET) hereby discloses information in accordance with Article 207 of the Royal Decree of January 30, 2001 in execution of the Belgian Company Code:

    Under the Share Repurchase Program 2014 as announced on February 13, 2014, the Company reports today that during the period from February 13 until February 20, 2014, the following transactions took place either through the regulated market of NYSE Euronext Brussels or through block trades in accordance with applicable regulations

    cfr Press Release

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    21-02-2014
  • Press release : Telenet initiates Share Repurchase Program 2014
    Press release : Telenet initiates Share Repurchase Program 2014

    Mechelen, February 13, 2014 - Today, Telenet Group Holding NV ("Telenet" or the "Company") (Euronext Brussels: TNET) announces the initiation, as of February 13, 2014, of a share repurchase program (the "Share Repurchase Program 2014"). Under this program, Telenet may acquire from time to time its common stock, to a maximum of 1,100,000 shares, for a maximum consideration of €50.0 million, within a three (3) month period. The share repurchases will be conducted under the terms and conditions approved by the extraordinary general shareholders' meeting of the Company of May 28, 2009.

    Telenet has mandated an intermediary to purchase Telenet shares on its behalf. The timing of the repurchase of shares pursuant to the program will be decided by such intermediary independently of Telenet and depend on a variety of factors, including market conditions. During the repurchase program, the Company will publish regularly press releases with updates on the progress made (if any), as required by law. This information will also be available on the investor relations pages of our website (investors.telenet.be) under the Shareholders section. All repurchased shares will be held by the Company to cover the Company's obligations under existing stock option plans.

    This Share Repurchase Program 2014 replaces any outstanding previous program.

    Cfr Press release 

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    13-02-2014
  • Press Release Telenet - Full Year 2013 Results
    Press Release Telenet - Full Year 2013 Results
    •  Achieved FY 2013 outlook with 10% revenue growth and 8% increase in Adjusted EBITDA;
    • Strong operational momentum continued with highest net triple-play additions since 2009;
    • Anticipating 6-7% top line growth for 2014, Adjusted EBITDA growth of 5-6%, accrued capital expenditures representing 20-21% of revenue and Free Cash Flow between €230-240 million.

     

    The enclosed information constitutes regulated information as defined in the Royal Decree of 14 November 2007

    regarding the duties of issuers of financial instruments which have been admitted for trading on a regulated market.

     

    Mechelen, February 13, 2014 - Telenet Group Holding NV ("Telenet" or the "Company") (Euronext Brussels: TNET) announces its unaudited consolidated results under International Financial Reporting Standards as adopted by the European Union ("EU IFRS") for the year ended December 31, 2013.

     

    HIGHLIGHTS

    • Revenue of €1,641.3 million for FY 2013, up 10% yoy, driven by a growing contribution from our mobile business and strong triple-play growth. Q4 2013 revenue of €417.4 million, up 6% yoy as the rate of mobile growth slowed as anticipated in comparison to prior quarters;
    • Continued strong commercial traction for our triple-play bundles "Whop" and "Whoppa", resulting in robust net fixed telephony and triple-play subscriber additions of 35,900 and 35,600, respectively, in Q4 2013;
    • Solid net mobile postpaid subscriber additions of 37,600 in Q4 2013, resulting in 750,500 RGUs at year-end 2013 amidst a more competitive environment and our focus on more cost-effective subscriber acquisitions;
    • Adjusted EBITDA(1) of €842.6 million for FY 2013, up 8% yoy. Despite larger share of lower-margin mobile revenue, our margin only showed a slight contraction to 51.3%. Q4 2013 Adjusted EBITDA of €205.7 million, up 9% yoy, yielding a margin of 49.3% which was up 150 basis points compared to Q4 2012;
    • Operating profit of €389.2 million for FY 2013, impacted by €53.3 million impairment charge on the 3G mobile spectrum license and a €34.8 million restructuring charge for the discontinuation of DTT services;
    • Accrued capital expenditures(2) totaled €372.3 million for FY 2013, up 5% yoy, representing approximately 23% of our revenue. Excluding capitalized content costs and the reversal of import duties on settop boxes, our accrued capital expenditures were up 4% yoy and represented approximately 22% of our revenue;
    • The board of directors authorized a €50.0 million share buy-back program, effective today, and will evaluate other shareholder disbursements at a later stage this year.

    Cfr Press release 

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    13-02-2014
  • Jupiler Pro League possibly on all television platforms and for everybody from 2014-2015 season?
    Jupiler Pro League possibly on all television platforms and for everybody from 2014-2015 season?

    Greater reach and appeal of Jupiler Pro League

    Mechelen, 20 January 2014 - Telenet confirms it intends to enter into a joint venture with the Pro League for live television coverage of the Belgian first division football on a Jupiler Pro League channel.  All interested television platforms can integrate this channel in their own offer. Summaries of the matches would be offered to open net channels. In this respect - on the condition the proposal  is approved - an official tender will be issued in which all public and commercial broadcasters are able to participate. The proposal has been submitted to the Pro League clubs. A positive decision means all consumers will be able to enjoy the  Belgian first division football through their own provider.

    Joint venture between Telenet and the Pro League
    The current football contract ends in May 2014 after the play-offs. In this context, Telenet and the Pro League have discussed the best way to sell the football rights over the coming years. More specifically, Telenet and the Pro League would launch their own channel via a joint venture which will broadcast all the first division football matches live. Interested providers are able to purchase the broadcasts of this channel against payment on a non-exclusive basis and broadcast them on their own television platform for their customers.

    The summaries would be offered via a tender procedure. Telenet and the Pro League have underlined that all Belgian public and commercial broadcasters are able to participate in this tender and that the greatest guarantees for an objective auction will be incorporated.

    Naturally, the whole proposal will be meticulously checked with the competition authorities.

    Benefits for consumers, football clubs and Jupiler Pro League.
    The biggest advantage of this proposal is that  - following the clubs' approval -  it will be possible to efficiently offer Belgian football to all consumers, regardless of their television provider.

    And for the Jupiler Pro League clubs, this proposal can also ensure more financial stability, as the clubs, over a longer period of time, will have a guaranteed income from the TV rights and they will also be able to share in the profits of the joint venture.

    For the Pro League,  this is an opportunity to increase its brand recognition through its own television channel, which will be clearly Pro League branded.

    Finally, more viewers will be able to enjoy the Jupiler Pro League because football will be shown on several television platforms, thus increasing the appeal of professional football even more.

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    20-01-2014