ROUTE MOBILE LIMITED — Updates, 17-12-2024: Press Release

Proximus Group has formed Proximus Global, merging BICS, Telesign, and Route Mobile under a unified structure. This consolidation, valuing Proximus Global at approximately EUR 3.1 billion, aims to enhance operational efficiency and accelerate growth across international markets. By leveraging strengths from each entity, Proximus Global will focus on delivering comprehensive digital communication solutions. The group generated EUR 1.9 billion in revenue in 2023 and aims for significant margin growth in the coming years. The leadership team has been restructured, with Rajdip Gupta as Managing Director of Route Mobile, and Gautam Badalia appointed as CEO. This strategic move positions Proximus Global to capitalize on growth opportunities in the digital communications space, presenting a positive outlook for stakeholders.