Proximus gets temporary 5G licence, posts net income beat

Belgian telephone, internet and television service provider Proximus reported higher than expected first-quarter net profit on Thursday, and said market regulator BIPT has granted it and four other companies temporary 5G licences.

BIPT has offered 40MHz of channel bandwidth each to Proximus, Cegeka, Entropia, Telenet and Orange Belgium , it said.

These temporary licences will remain valid until the 5G auction, delayed indefinitely in Belgium due to a disagreement between regional governments over proceedings, the company added.