Research and Markets: Proximus to Lose Market Share to Base as Belgium's Mobile Operator Sector Heads Towards Increased Competition

Business Wire, August 13, 2008

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/f8ee58/3q08_belgium_mobil) has announced the addition of IE Market Research Corp.'s new report "3Q08 Belgium Mobile Forecast, 2008 - 2010" to their offering.

This Mobile Forecast on Belgium provides over 65 operational and financial metrics for the Belgium wireless market. We cover quarterly historical data starting in 1Q2004 and ending in 1Q2008. We also provide four-year forecasts at the operator level going out to 2010. Operators covered for Belgium include: Proximus, Mobistar (Orange), and Base. Our Mobile Forecasts are updated quarterly and are available for one-time delivery or through regular updates.

Notable highlights of the 3Q08 Belgium Mobile Forecast include:

- The wireless penetration level of Belgium is gradually increasing, and it will reach 105.0% in 2010. The number of total subscribers will increase from our projected 10.65 million in 2008 to 10.96 million in 2010.

- We are now forecasting a significant drop in the market share for Proximus. We expect that Proximus's current projected mobile market share (by subscribers) of 43.1% will drop to 40.1% in 2010. We believe that most of the drop in market share will be taken up by Base.

- Based on Q1.08 data, we are revising our ARPU forecasts. We forecast that Proximus and Mobistar will continue to receive similar ARPUs over the next three years. Our model suggests that it will be US$47.48 per month for Proximus and US$46.84 per month for Mobistar in 2010.

- We expect that Proximus will continue to enjoy the highest EBITDA margins in the Belgium operator space in 2010 at 46.7%.

Key Topics Covered:

Charts 1-68 Results & Forecasts

Companies Mentioned:

Proximus

Mobistar (Orange)

Base

For more information visit http://www.researchandmarkets.com/research/f8ee58/3q08_belgium_mobil