Proximus : A new cost-cutting programme in preparation for a new entrant
>Proximus sparks a furore for a plan which carries on from the previous one - Proximus was suspended yesterday due to rumours that followed a board meeting from which information was leaked in the press concerning a programme of job losses and the prime minister called on CEO Dominique Leroy to provide an explanation. The rumours concerned 2,000 job losses before a figure of 1,900 departures and 1,250 new hires was eventually issued. As a result, this morning Proximus...Proximus supplies integrated telecommunications services on the Belgian market. Co.'s activities are divided into four segments: Consumer Business Unit (CBU), which sells voice products and services, internet and television, on fixed and mobile networks, to residential customers; Enterprise Business Unit (EBU), which caters to professional customers; Service Delivery Engine and Wholesale, which centralizes all the network and IT services and costs, provides services to CBU and EBU and sells these services to other telecom and cable operators; and International Carrier Services, which focuses on international carrier activities.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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