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Belgium’s Proximus explores options for sale of $330m data centre unit

The stability of cash flow and long-term contracts associated with data centres have made them attractive assets which could see the group cash in at a decent EBITDA.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

July 28, 2023 | 12:01 AM BST

Belgium’s Proximus explores options for sale of $330m data centre unit

Guillaume Boutin, CEO of Proximus. Source: Proximus

The Tech Capital

Belgian telecoms group Proximus is considering the sale of its data centre unit as it aims to capitalise on the increasing demand for key infrastructure assets across Europe.

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João Marques Lima

Founder and Editor, The Tech Capital

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