Proximus expands fiber speeds: what it means for Proximus stock
Published on 10/13/2026 at 07:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Proximus announced higher fiber speeds for several subscriptions from November 1, 2026.
- First-half 2026 revenue was EUR 3.03 billion and EBITDA was EUR 1.07 billion.
- Proximus stock was last at EUR 5.73 on October 12, 2026, below its EUR 8.55 52-week high.
- The next reported event listed for Proximus is third-quarter 2026 results on October 30, 2026.
Proximus (BE0003810273) announced higher internet speeds for several fiber subscriptions from November 1, 2026. As Ideal Investisseur reported on October 8, the measure covers both download and upload speeds and includes symmetric connections for fiber customers.
Three dated signals shape the story
On February 27, 2026, Proximus was associated with a plan to cut 1,200 jobs by 2030 as part of an AI efficiency program, according to Reuters. On July 31, 2026, the company published its second-quarter results materials, with quarterly revenue of EUR 1.52 billion in the standardized financial statement data.
The latest operating signal came on October 8, 2026. The fiber announcement links the customer proposition to higher performance, while the accompanying first-half 2026 figures cited by Ideal Investisseur show revenue of EUR 3.03 billion, EBITDA of EUR 1.07 billion and net income of EUR 278.00 million.
What does the fiber upgrade mean?
The November 1 rollout gives Proximus a concrete service measure alongside its restructuring plan. The contrast is important: 1,200 planned job cuts by 2030 point to cost discipline, while higher fiber speeds are aimed at improving the customer offer.
For investors, the operating comparison is between a EUR 3.03 billion first-half revenue base and the broader efficiency effort. The company operates in telecommunications and digital services, with fixed-line, mobile, internet and business technology activities.
Dates investors can track
MarketScreener lists October 30, 2026 for the publication of third-quarter 2026 results. The fiber speed changes are scheduled for November 1, 2026, according to Ideal Investisseur.
Stock stays below its yearly high
The last available quote on Euronext Brussels was EUR 5.73 on October 12, 2026 at 5:35 p.m. CEST. The EUR 5.73 price stood EUR 2.82, or 32.98 percent, below the EUR 8.55 52-week high and EUR 0.05 above the EUR 5.68 52-week low.
Proximus had a market capitalization of EUR 1.9 billion as of October 12, 2026. The share price and operating figures leave the November service rollout and the October results date as the next concrete checkpoints for the company.
The further course of trading is shown by the continuously updated real-time quote of Proximus stock.
Proximus stock facts
- Company: Proximus PLC
- ISIN: BE0003810273
- Ticker: PROX.BR
- Primary exchange: Euronext Brussels
- Last price Euronext Brussels as of October 12, 2026, 5:35 p.m. CEST: EUR 5.73
- Market capitalization: EUR 1.9 billion as of October 12, 2026
- 52-week range: EUR 5.68-EUR 8.55
- Sector / Industry: Communication Services / Telecommunications Services
Market context: Latest market reports.
