As a reminder, Telenet and Eltrona introduced on December 21that Telenet had taken over all of Eltrona’s activities in Luxembourg. The transaction was then formally accomplished on January 2.
The brand new CEO of Eltrona is now recognized: Christophe Costers, at the moment Vice President (VP) Leisure at Telenet. Christophe Costers has intensive expertise in enterprise transformation within the expertise and telecommunications sector, together with worldwide expertise. At Telenet, he has held varied administration positions within the residential and enterprise markets over the previous years. He has served as VP Leisure from 2020, and has been accountable for main the premium TV and leisure enterprise into the streaming video period, thereby making it as simple as potential for patrons to make use of. Christophe can also be a non-executive director of Streamz, a three way partnership between Telenet and DPG Media, which is the quantity 2 streaming service in Flanders (see full biography in annex).
Christophe additionally had the chance to work in Luxembourg in his profession, when he was a world strategic guide.
Christophe Costers will assume the position of CEO as of April 1, 2023. Within the meantime, Karl Abelshausen (VP Finance M&A, Integration & Tax at Telenet) will proceed to function as CEO advert interim.He’ll then stay a member of the Eltrona Board of Administrators, with a purpose to make sure the continuity of the corporate.
John Porter, CEO of Telenet:
I want to congratulate Christophe Costers on this new problem. Christophe has a broad experience within the telecom sector and has confirmed his skill to efficiently tackle varied essential administration roles inside Telenet. I’m satisfied that he’ll make a superb CEO for Eltrona, and that he has a promising future forward of him. I want him each success. I might additionally wish to thank Karl Abelshausen, who’s at the moment performing on this position advert interim with nice professionalism, and who will proceed to take action within the coming months earlier than handing over to Christophe.
The subsequent few months will probably be used to outline the brand new technique and broader ambitions of the corporate.
Bio of Christophe Costers .docx14 KB
About Telenet – As a Belgian supplier of leisure and telecommunication companies, Telenet Group is consistently striving for excellence for its prospects within the digital world. Below the Telenet model, the corporate gives digital tv, broadband Web, and glued and cell telephony companies for the residential section in Flanders and Brussels. Telenet Group additionally presents cell telephony companies underneath the BASE model all through Belgium. The Telenet Enterprise division serves the enterprise market in Belgium and Luxembourg with connectivity, internet hosting and safety options. Greater than 3,000 workers share the identical goal:to make dwelling and dealing simpler and extra pleasurable. Telenet Group is a part of Telenet Group Holding NV, and is listed on Euronext Brussels underneath ticker image TNET. For extra data, go to http://www.telenet.be. Liberty International – one of many world’s main firms in converged video, broadband Web and communications, and which innovates and empowers its prospects in six European international locations to benefit from the digital revolution – owns a direct 59.2% stake in Telenet Group Holding NV (excluding treasury shares held by the latter on occasion).
Extra Info – Extra details about Telenet and its merchandise may be discovered on the corporate’s web site http://www.telenet.be. Additional data regarding the operational and monetary knowledge on this doc may be downloaded from the investor part of the web site. Telenet’s 2021 consolidated annual report, in addition to the unaudited consolidated monetary statements and displays associated to the monetary outcomes for the nine-month interval ending September 30, 2022 may be discovered within the investor part of Telenet’s web site (http://investors.telenet.be).
About Eltrona
Eltrona is a “Made in Luxembourg” firm, and has been current available on the market since 1969, when it was based by Henri Denzle. Eltrona Interdiffusion is the most important cable operator in Luxembourg, offering its companies to greater than 50,000 customers, in addition to to a lot of municipalities and firms. In recent times, Eltrona has added Web entry and glued and cell phone companies to its tv companies, making it one of many main telecom operators within the nation. Following the merger with Coditel SFR in 2020, Eltrona Interdiffusion S.A. turned a totally fledged telecommunications operator, providing ultra-high-speed Web companies on a hybrid fiber-coax community, high-definition tv through cable and IPTV, and glued and cell telephony.
Eltrona has its personal community infrastructure:
– Its Web community, which mixes the ability of fiber and coaxial cables, may be put in rapidly and simply, and customarily with none development work.
– Its high-performance cable tv community covers greater than 85% of the inhabitants of the Grand Duchy.
Eltrona has intensive expertise within the residential, skilled and institutional markets in Luxembourg.
From January 2, 2023, Eltrona has been wholly-owned by Telenet BV, and is an oblique wholly-owned subsidiary of Telenet Group Holding NV.
The corporate employs 145 individuals in its cable tv and telecommunication actions at its two websites – Hollerich and Esch/Alzette – in Luxembourg. For extra data:https://www.eltrona.lu/
