Lycamobile has signed a new MVNO deal with Telenet and bought the cable and broadband provider’s subsidiary Ortel Mobile as it expands its presence in Belgium.
The MVNO agreement with Telenet replaces an existing deal with Orange Belgium that has been in place since 2007.
Telenet will officially take over in October this year after the Orange Belgium contract – due to expire in March ¬– was extended by six months to enable the migration of customers to take place.
Telenet acquired mobile network Base from KPN in 2015.
Meanwhile, the acquisition of Ortel Mobile combines the two largest MVNOs in Belgium, giving Lycamobile a customer base in the country of one million.
Financial details of the deal were not disclosed.
Lycamobile, which operates in 21 countries with over 15 million customers worldwide, has been pursuing both growth in scale and an expansion of the scope of the services it offers.
It launched three new services last year as it bids to become what Lyca Group Chairman Allirajah Subaskaran described as a “full service multimedia platform”, including new m-payment, OTT messaging and TV services.
Commenting on the Telenet deals, Subaskaran said: “We have been active in Belgium since 2007 and are now delighted to announce our partnership with Telenet and acquisition of Ortel Mobile, which significantly enhances Lycamobile’s offering in the region.
John Porter, CEO of Telenet, said: “The sale of our direct subsidiary Ortel Mobile to Lycamobile represents a logical step in our strategy as Telenet has the strong ambition to grow in the wholesale business preferring to concentrate on new MVNO partnerships instead of investing in separate prepaid international mobile communication business units."