Proximus traded at 7.15 this Monday March 9th, decreasing 0.49 or 6.35 percent since the previous trading session. Looking back, over the last four weeks, Proximus lost 11.12 percent. Over the last 12 months, its price rose by 11.54 percent. Looking ahead, we forecast Proximus to be priced at 7.45 by the end of this quarter and at 6.91 in one year, according to Trading Economics global macro models projections and analysts expectations.
Proximus NV is a Belgium-based company engaged in the telecommunication, information, communication and technology (ICT) industries. It provides telephony, Internet, television and network-based ICT services through the Proximus and Scarlet brands. Also, the Company transforms a range of technologies, such as Internet of Things (IoT), Big Data, Cloud and Security, into solutions. Proximus NV operates BICS as a subsidiary, which is a voice carrier and the provider of mobile data services worldwide. Also, the Company’s subsidiary TeleSign offers Communication Platform as a Service (CPaaS). Proximus NV operates domestically and on international markets by providing services to residential, enterprise and public customers.