Telenet takes over 100% of Eltrona in Luxembourg – ICT news
Telenet announced on Wednesday that it would take over all of Eltrona’s activities in Luxembourg. The Belgian operator already held a share (50% -1) of the shares. Today, the founding shareholders sold their 50% + 1 shares to Telenet. The operation should be completed by the beginning of the year.
Eltrona is a cable operator offering a range of telecommunications services (television, internet, mobile telephony) covering the whole of Luxembourg. The company had achieved a turnover of 30.6 million euros last year. As of September 30, 2022, Eltrona had approximately 50,000 unique customers, for 145 employees. “Both for the employees and for the customers of Eltrona, nothing changes for the moment”, assures Telenet in a press release. A new CEO will be appointed in the coming months.
Eltrona is a cable operator offering a range of telecommunications services (television, internet, mobile telephony) covering the whole of Luxembourg. The company had achieved a turnover of 30.6 million euros last year. As of September 30, 2022, Eltrona had approximately 50,000 unique customers, for 145 employees. “Both for the employees and for the customers of Eltrona, nothing changes for the moment”, assures Telenet in a press release. A new CEO will be appointed in the coming months.