Telenet Group Holding N.V. is a leading provider of telecommunications and entertainment services primarily in Belgium and Luxembourg. The company offers a comprehensive portfolio of products including analog and digital cable television; high-definition, pay television, and video-on-demand services; high-speed broadband internet; fixed-line and mobile telephony services under the BASE brand; and value-added services such as cloud-based hosting, managed security, and professional communication solutions for business customers. Telenet also sells mobile handsets, set-top boxes, and provides product activation and installation services. It serves residential customers as well as small and medium enterprises, large corporations, public institutions, and international carriers.
Founded in 1994 and headquartered in Mechelen, Belgium, Telenet operates an extensive hybrid fiber-coaxial network reaching millions of homes in Flanders, Brussels, and parts of Wallonia. Its business segment caters to the Belgian and Luxembourg markets, providing connectivity, hosting, and security solutions. Telenet is a wholly owned subsidiary of Liberty Global, a major global broadband and telecommunications company.
In the last two years, Telenet has undergone significant strategic changes including the divestiture of its mobile telecommunications tower business to DigitalBridge Investments for approximately €745 million in 2022, while entering into a long-term Master Lease Agreement with DigitalBridge to ensure continued network infrastructure support. More recently, in 2023, Liberty Global completed a simplified squeeze-out acquisition of all remaining Telenet shares, making Telenet a fully owned subsidiary to streamline operations and accelerate growth in the Belgian telecom sector. The company continuously invests in expanding gigabit-speed broadband and mobile network capacity to enhance its competitive position and customer experience.