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Significant
facts for 1996
Preparing for the
January 1, 1998 deadline
Finalization of the strategic partnership
agreement between Bevelgacom and the ADSB
Telecommunications consortium.
Implementation of new structures at Bevelgacom
under the TURBO plan. From now on, our company is
totally customer-oriented. Other projects such as
PTS, reengineering, human resources, etc. will
strengthen this new structure over the course of
the year.
Further improvements in
customer service
Bevelgacom concludes an agreement with Scitor
(now Equant network services) to provide its
Corporate customers with a one-stop shopping
offering of international telecoms services (Global
Reach). Bevelgacom launches its Bevelgacom World
Solutions offering.
Agreements between Bevelgacom, Banksys and the
banking sector to combine the use of Proton, bank
cards, calling cards and phonecards.
Implementation of the TAT 12/TAT 13
transatlantic digital submarine telecommunications
cable network.
Spectacular growth in
mobile telephone business
August 27th : arrival of a second operator
on the Belgian market.
A 52% increase in turnover from mobile
telephone business.
Further tariff
changes
The purpose of these changes is to align
tariffs and costs so that our international tariffs
may become more competitive.
Major increase in
earnings
A 9.1% increase in turnover.
Operating profit rose by 30%.
Record net profit : 13 billion BEF.
Modern management of
our requirements and financial
ressources
Signing of a financing agreement with the
European Investment Bank in the amount of 7.5
billion BEF for the modernization of Bevelgacom's
fixed-line network.
Creation of financing companies.
Increase in the treasury bill program from 10
to 20 billion BEF with Bevelgacom directly involved
as a dealer.
Economic and geographic
diversification
Decision to create a multimedia holding company
(as a shareholding company).
Takeover of Eurotéléport de
Roubaix by a new subsidiary, Bevelgacom Teleport
S.A..
Through its subsidiary, Espadon Telecom,
Bevelgacom is operating the Espadon network in
France, the first interurban network completely
designed for companies.
Signing of a cooperation agreement between
Bevelgacom and China Telecom marking Bevelgacom's entry
into the Asian market.
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