Proximus combines its Luxembourg entities Telindus and Tango to create Proximus Luxembourg, a new convergent organization with strong growth ambitions
The Proximus subsidiaries Telindus and Tango command strong positions in the Luxembourg ICT and telecommunication services market for businesses and in the mobile, fixed telephony, TV and Internet services market for consumers respectively
They announce today to continue to further complement each other by accelerating their organisational convergence.
Driven by a strong commitment to Luxembourg and following the acquisition of the full ownership of Telindus in December of 2015, Proximus has now defined an ambitious growth avenue for Telindus and Tango. Tango and Telindus will pursue a coordinated convergence strategy based on innovation and with a challenger mindset.
The new organization that results from Tango and Telindus joining forces will be called Proximus Luxembourg. It is put under the leadership of Gérard Hoffmann, CEO, and Jean-François Willame, Co-CEO and Integration Officer and will be structured around three entities:
- The Proximus Luxembourg HQ entity will regroup the mobile and fixed networks and all the services and competence centres supporting the commercial activities; all investments will be centrally steered and monitored.
- The Enterprise Business Unit (EBU) will address large and medium sized companies and will act on the B2B market under the Telindus brand. Telindus and Tango will join forces in their businesses of telecom operator and IT provider. In that context, they intend to further grow their mobile, fixed connectivity, cloud, security, outsourcing, and Fintech businesses. EBU will be headed by Gérard Hoffmann;
- The Consumer Business Unit (CBU) that will address consumers and small businesses (up to 10 employees) and will act on the B2C market under the Tango brand. Tango will continue its successful growth strategy in mobile, fixed Internet and TV services. CBU will be headed by Jean-François Willame.
The legal entities will be maintained in full compliance with legal and regulatory requirements but will largely operate in tandem under the combined leadership.
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