Telenet welcomes Lycamobile on its mobile network and sells Ortel Mobile to Lycamobile

Brussels - 10 February 2017 - Telenet Group BVBA ("Telenet") welcomes Lycamobile Belgium Limited ("Lycamobile") as a new Full MVNO on its network and at the same time sells its MVNO subsidiary Ortel Mobile NV ("Ortel Mobile") to Lycamobile.  The combined customer base of Lycamobile and Ortel Mobile in Belgium is approximately 1 million customers.

Lycamobile, the world's largest international MVNO, has been active in Belgium since 2007 on the Orange Belgium network and provides low-cost international prepaid mobile voice and data services. Through the Full MVNO Agreement, Lycamobile's customers will gain access to Telenet's nationwide mobile network. The Full MVNO Agreement between Lycamobile and Telenet further builds on BASE's past successful approach of targeted multi-brand partnerships, including MVNO partnerships.   

Ortel Mobile is a direct subsidiary of Telenet Group BVBA (previously BASE Company NV, "BASE") and has been offering international prepaid mobile telephony solutions in Belgium since 2006 on the BASE network.