Belgian Competition Authority approves Telenet's sale of half of Doccle's shares to Isabel Group

Belgian Competition Authority approves Telenet's sale of half of Doccle's shares to Isabel Group

Mechelen and Brussels, 19 November 2021 - Telenet and Isabel Group announce that today they have received the unconditional approval from the Belgian Competition Authority for the entry of Isabel Group for 50% in the ownership of Doccle BV and Doccle Up.NV (together “Doccle”).  Earlier this year, the National Bank of Belgium also approved the entry.

Both organisations announced on 15 June 2021 that they wish to jointly continue the digital platform and are extremely pleased with the green light given by the BCA.   The entry into Doccle fits in with the strategy of Isabel Group, which also owns Zoomit, among others, to further digitalise payments, administration, and document management.  For Telenet, this acquisition fits in with its ambition to focus on the digitalisation of customer experiences.  Telenet and Isabel Group have committed to invest an additional 5 million euros in the coming years in the expansion of Doccle nv.  Through this extra injection, they hope to transform Doccle into the reference for digital administration and document management in Belgium and take the platform to an even higher level. 


 

Contact Telenet
Stefan Coenjaerts
+32 499 57 76 47
Stefan.coenjaerts@telenetgroup.be

Contact Isabel Group
Daphné Lammens,
Corporate Communications Manager
+32 476 48 15 44
dlammens@isabelgroup.eu

 

 

 

 

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About Telenet BV

As a provider of entertainment and telecommunication services in Belgium, Telenet Group is always looking for the perfect experience in the digital world for its customers. Under the brand name Telenet, the company focuses on offering digital television, high-speed Internet and fixed and mobile telephony services to residential customers in Flanders and Brussels.

Under the brand name BASE, it supplies mobile telephony in Belgium. The Telenet Business department serves the business market in Belgium and Luxembourg with connectivity, hosting and security solutions. More than 3,000 employees have one aim in mind: making living and working easier and more pleasant.

Telenet Group is part of Telenet Group Holding NV and is quoted on Euronext Brussel under ticker symbol TNET. For more information, visit www.telenet.be. Liberty Global - one of the world’s leading converged video, broadband and communications companies, innovating and empowering people in six countries across Europe to make the most of the digital revolution – owns a direct stake of 58.28% in Telenet Group Holding SA/NV (excluding any treasury shares held by the latter from time to time).


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