Proximus SA (BGAOF) Q2 2025 Earnings Call Highlights: Strong Domestic Growth Amid Global Challenges

The crystal ball is clear, darling—Proximus Group’s Q2 2025 earnings call was a star-studded affair, with the Belgian telecom giant strutting its stuff on the domestic stage while tiptoeing through global turbulence. Like a Vegas magician pulling rabbits out of hats, Proximus delivered a performance that had analysts whispering, “How’d they do it?” The answer? A mix of fiber-fueled infrastructure, 5G wizardry, and a dash of cost-cutting sorcery. Let’s dive into the tea leaves and see what the cards reveal about Proximus’ future.

Domestic Dominance: The Belgian Powerhouse

Proximus’ domestic market is where the magic happens. The company’s Q2 2025 results were nothing short of a blockbuster, with service revenue and EBITDA growth that would make even the most skeptical investor do a double-take. The Residential unit snagged a whopping 36,000 new Mobile Postpaid cards, proving that Belgian consumers are still smitten with Proximus’ offerings. Meanwhile, the Business unit kept its Mobile Postpaid numbers steady, reinforcing the company’s grip on the market.

But here’s the real showstopper: Proximus has blanketed Belgium with over 80% 5G coverage and stretched its fiber network to cover a staggering 45% of homes and businesses—over 2.4 million addresses, to be exact. That’s not just a network; it’s a digital highway, and Proximus is the toll collector. The company plans to keep the spending spree going, with a €1.3 billion CAPEX budget until 2028, ensuring that Belgium stays wired (and wireless) for the future.

Global Headwinds: The Storm on the Horizon

While the domestic market is a goldmine, Proximus’ Global segment is feeling the heat. Economic turbulence, regulatory hurdles, and stiff competition have put a damper on international operations. But don’t count Proximus out just yet—they’re projecting a 20% EBITDA growth for the rest of 2025, a bold move that suggests they’re not just weathering the storm but plotting a comeback.

Cost-cutting initiatives are in full swing, with Proximus tightening its belt to offset global challenges. The company’s ability to pivot and adapt will be key to maintaining its financial footing. And with a market cap of €2.8 billion and a year-to-date return of 49.31%, investors seem to be betting on Proximus’ resilience.

Market Share & Future Prospects: The Fortune-Teller’s Verdict

Proximus isn’t just sitting pretty on its domestic success—it’s actively expanding its market share in both mobile and internet segments. Competitive pricing, innovative services, and a rock-solid brand reputation are keeping customers hooked. The company’s forward-looking strategy includes maintaining stable domestic revenue while keeping an eye on global opportunities.

The big question is: Will Proximus’ investments pay off? The answer, my dear, is written in the stars—or at least in the CAPEX projections. The €1.3 billion spend until 2028 is a hefty bet, but one that positions Proximus as a leader in Belgium’s telecom landscape. Post-2028, the plan is to trim CAPEX and focus on reaping the rewards of its infrastructure investments, which could mean fatter margins and happier shareholders.

Final Verdict: A Star-Studded Performance

So, what’s the bottom line? Proximus’ Q2 2025 earnings call was a masterclass in balancing domestic strength with global challenges. The company’s aggressive infrastructure investments, coupled with smart cost management, have set the stage for sustained growth. Sure, there are storms on the horizon, but Proximus has shown it can navigate rough waters.

For investors, the message is clear: Proximus is a diamond in the rough, with undervalued potential and a bright future ahead. The company’s transparency, strategic vision, and ability to adapt make it a compelling play in the telecom sector. So, if you’re looking for a stock with staying power, Proximus might just be your lucky charm.

And remember, darling—when the market’s as unpredictable as a Vegas roulette wheel, sometimes the best bet is on a company that’s already rolling the dice with confidence. Proximus is doing just that, and the house (aka shareholders) is winning. Fate’s sealed, baby—Proximus is on a roll.