Belgium Telecom MNO Market Size and Share

Belgium Telecom MNO Market (2025 - 2030)
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Belgium Telecom MNO Market Analysis by Mordor Intelligence

The Belgium Telecom MNO Market size is estimated at USD 10 billion in 2025, and is expected to reach USD 12.29 billion by 2030, at a CAGR of 4.20% during the forecast period (2025-2030). In terms of subscriber volume, the market is expected to grow from 10 million subscribers in 2025 to 11.90 million subscribers by 2030, at a CAGR of 3.54% during the forecast period (2025-2030).

Momentum stems from 5G roll-outs, an ambitious nationwide fiber program targeting 70% coverage by 2028, and surging mobile data demand that now eclipses voice revenue. Operator investment remains robust despite federal-level permitting friction, while Digi’s late-2024 entry intensifies price competition. Network-quality leadership, convergent quad-play bundles, and enterprise-grade private 5G services shape competitive differentiation as operators look beyond connectivity toward cloud, IoT, and edge solutions. Environmental regulation in Brussels continues to cap small-cell density, slowing ultra-dense 5G coverage and requiring neutral-host innovations to safeguard urban capacity expansion. 

Key Report Takeaways

  • By service type, Data and Internet Services led with 41.04% revenue share in 2024; IoT and M2M Services are projected to expand at a 4.29% CAGR through 2030. 
  • By end user, the Consumer segment held 70.24% share of the Belgium telecom MNO market in 2024, while Enterprise services are forecast to grow at a 4.54% CAGR to 2030. 

Segment Analysis

By Service Type: Data Services Drive Revenue Transformation

Data and Internet Services captured 41.04% of Belgium telecom MNO market share in 2024, reflecting consumers’ migration to high-bandwidth applications and enterprises’ quest for cloud-native connectivity. Strong traffic growth redirects operator investment toward spectrum densification, carrier aggregation, and network slicing. IoT and M2M, though still a single-digit revenue line, post the top CAGR at 4.29% from 2025 to 2030 as manufacturing, logistics, and energy firms embed sensors in supply chains. Voice Services maintain relevance through enterprise PBX integration and compulsory emergency calling, while Messaging remains indispensable for two-factor authentication and bulk enterprise notifications. OTT video and Pay-TV, bundled in convergent plans, stabilize churn and provide cross-selling margins even as stand-alone streaming substitutes evolve. 

Belgium telecom MNO market size for Data and Internet Services is expected to rise in tandem with mid-band 5G adoption, helped by lower cost per GB and targeted unlimited plans for gaming communities. IoT growth rests on emerging NB-IoT and LTE-M networks that permit battery-efficient endpoints across agriculture and utilities. Operators diversify into managed IoT platforms, edge analytics, and vertical-specific solutions to escape pure connectivity commoditization. Monetization pivots toward traffic prioritization tiers, ultra-low-latency slices for industrial automation, and bundled security modules that protect sensitive machine data, cementing the critical role of Data Services in future revenue stacks. 

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Note: Segment shares of all individual segments available upon report purchase

By End User: Enterprise Growth Accelerates Digital Transformation

The Consumer segment controlled 70.24% of Belgium telecom MNO market share in 2024, sustained by high smartphone penetration and growing take-up of gigabit fixed-mobile bundles. Demand for seamless in-home Wi-Fi and multi-screen streaming drives up household data consumption. Proximus foregrounds network quality, achieving average 4G downloads of 84.9 Mbps and 5G downloads of 136.8 Mbps, supporting premium positioning. Orange Belgium aims to upsell quad-play, and Telenet’s TADAAM brand addresses cord-cutters who value wireless broadband, keeping churn contained in urban clusters. 

Enterprise services, however, post the fastest ascent, with Belgium telecom MNO market size for the segment set to expand at a 4.54% CAGR through 2030. Edge computing, private 5G, and secure SD-WAN underpin digital transformation across pharmaceuticals, ports, and smart-city projects. Citymesh and Digi build neutral-host 5G for factories and offshore wind farms, while Proximus NXT pilots private hospital networks that guarantee throughput for tele-diagnostics. Operators co-create use cases with hyperscalers such as AWS to integrate AI-driven quality-of-service and real-time analytics, migrating from connectivity supplier to managed-service orchestrator. 

Belgium Telecom MNO Market: Market Share by End User
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Geography Analysis

Regional dynamics influence infrastructure timing and service take-up across the Belgium telecom MNO market. Flanders leads fiber proliferation thanks to the Fiberklaar partnership, which already covers close to half of Flemish households and businesses by 2025. Telenet’s DOCSIS-3.1 upgrades complement fiber, giving Flanders one of Europe’s densest gigabit grids. Consequently, average downlink speeds exceed 250 Mbps during peak hours, enhancing OTT streaming and cloud-gaming experiences. 

Brussels faces different challenges. The region enforces some of Europe’s tightest electromagnetic emission thresholds, limiting small-cell density to roughly one-third of EU norms. This policy confines high-quality 5G coverage to 25% of the population, below the EU-27 average of 70%. Operators pivot toward neutral-host indoor systems within offices and transit hubs to meet capacity shortfalls. Fiber deployment also progresses cautiously because multilayer municipal approvals prolong trenching by up to nine months compared with Flanders. 

Wallonia, historically fiber-light, benefits from Orange Belgium’s VOO integration. Cable lines reach 1.8 million homes, and new FTTH corridors run along the Liège–Namur industrial axis. Telenet secures wholesale access to these assets, broadening service options for southern households. Cross-border interconnection with Luxembourg and France strengthens roaming quality, leveraging Belgium’s central European location. Federal stimulus of EUR 892 million earmarked for digital infrastructure further levels regional disparities, ensuring the Belgium telecom MNO market evolves toward uniform national service standards. 

Competitive Landscape

Belgian telecom rivalry now involves four national MNOs, producing a moderate-concentration environment. Proximus retains leadership with 45% fixed-broadband and roughly 30% post-paid mobile shares, sustained by the country’s most extensive fiber and mid-band spectrum holdings. Orange Belgium leverages the VOO cable acquisition to challenge incumbents through quad-play and infrastructure synergies that promise 95% gigabit coverage by 2026. Telenet depends on network-sharing to optimize costs, runs 5G innovation labs with Ericsson, and positions TADAAM as a fully digital sub-brand for urban millennials. 

Digi’s December 2024 debut injected unprecedented price discipline into the Belgium telecom MNO market, spurring accelerated data-allowance upgrades and marketing refreshes by incumbents. Early adoption remains metropolitan, helped by a national-roaming deal with Proximus and a lean retail model that prioritizes eSIM activation. Incumbents respond with bundled cyber-security, device insurance, and loyalty-driven entertainment perks to justify premium tariffs. 

Strategy shifts center on enterprise value capture. Proximus partners with AWS for AI-enabled cloud migration and deploys edge nodes at hospital campuses. Orange Belgium builds a private-5G showcase at the Port of Antwerp, while Telenet experiments with 26 GHz spectrum for ultra-low-latency VR in logistics. BICS, the Proximus wholesale arm, widens reach in IoT global connectivity, ensuring scale economies translate into domestic network investment. Continued capex, averaging EUR 1.5 billion per year across operators, secures the Belgium telecom MNO market’s transition toward a full-fibre, stand-alone-5G environment. 

Belgium Telecom MNO Industry Leaders

  1. Proximus

  2. Orange Belgium S.A.

  3. Telenet Group N.V

  4. Digi Communications N.V

  5. *Disclaimer: Major Players sorted in no particular order
Belgium Telecom Market Concentration
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Recent Industry Developments

  • April 2025: Telenet launched TADAAM mobile services targeting data-intensive users with unlimited offerings at EUR 25 monthly, featuring 5G access and eSIM technology for instant activation without requiring existing internet or TV subscriptions.
  • March 2025: Proximus increased mobile data volumes across multiple plans without raising prices, with Mobile Smart expanding to 50 GB from 35 GB and Mobile Maxi reaching 100 GB from 70 GB. Business plans also received upgrades, with Business Mobile Smart increasing to 60 GB from 40 GB and Business Mobile Comfort rising to 150 GB from 100 GB.
  • December 2024: DIGI Belgium launched as the fourth mobile network operator with aggressive pricing, including EUR 5 monthly for 15 GB of mobile data and EUR 10 monthly for 500 Mbps of fiber broadband. The company aims to reach 2 million households within five years and targets 30% 5G coverage by 2025.
  • April 2024: Proximus signed an agreement with NRB to acquire additional 20 MHz of 5G spectrum in the 3.6 GHz band, increasing total holdings to 120 MHz to enhance mobile coverage and reduce network saturation risks.

Table of Contents for Belgium Telecom MNO Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Regulatory and Policy Framework
  • 4.3 Spectrum Landscape and Competitive Holdings
  • 4.4 Telecom Industry Ecosystem
  • 4.5 Macroeconomic and External Drivers
  • 4.6 Porter's Five Forces
    • 4.6.1 Competitive Rivalry
    • 4.6.2 Threat of New Entrants
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Bargaining Power of Buyers
    • 4.6.5 Threat of Substitutes
  • 4.7 Key MNO KPIs (2020-2025)
    • 4.7.1 Unique Mobile Subscribers and Penetration Rate
    • 4.7.2 Mobile Internet Users and Penetration Rate
    • 4.7.3 SIM Connections by Access Technology and Penetration
    • 4.7.4 Cellular IoT / M2M Connections
    • 4.7.5 Broadband Connections (Mobile and Fixed)
    • 4.7.6 ARPU (Average Revenue Per User)
    • 4.7.7 Average Data Usage per Subscription (GB/month)
  • 4.8 Market Drivers
    • 4.8.1 Rapid 5G spectrum commercialisation
    • 4.8.2 Nationwide fibre roll-out accelerating gigabit adoption
    • 4.8.3 Surge in mobile data-per-capita consumption
    • 4.8.4 Convergent quad-play bundles boosting ARPU
    • 4.8.5 Neutral-host indoor 5G networks for enterprises
    • 4.8.6 eSIM-only MVNO propositions expanding addressable base
  • 4.9 Market Restraints
    • 4.9.1 Price-war pressure on consumer ARPUs
    • 4.9.2 Stricter wholesale and roaming rate regulation
    • 4.9.3 Municipal permitting delays for new fibre routes
    • 4.9.4 Data-sovereignty concerns hindering dense 5G small-cells
  • 4.10 Technological Outlook
  • 4.11 Analysis of Key Business Models in Telecom
  • 4.12 Analysis of Pricing Models and Pricing

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 Overall Telecom Revenue and ARPU
  • 5.2 Service Type
    • 5.2.1 Voice Services
    • 5.2.2 Data and Internet Services
    • 5.2.3 Messaging Services
    • 5.2.4 IoT and M2M Services
    • 5.2.5 OTT and PayTV Services
    • 5.2.6 Other Services (VAS, Roaming and International Services, Enterprise and Wholesale Services, etc.)
  • 5.3 End-User
    • 5.3.1 Enterprises
    • 5.3.2 Consumers

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves and Investments by Key Vendors, 2023-2025
  • 6.3 Market Share Analysis for MNOs, 2024
  • 6.4 Product Benchmarking Analysis for mobile network services
  • 6.5 MNO Snapshot (Subscribers, Churn Rate, ARPU, etc.)
  • 6.6 Company Profiles (Includes Global Level Overview, Market Level Overview, Core Segments, Financials, Strategic Information, Market Rank/Share for Key Companies, Products and Services, and Recent Developments)
    • 6.6.1 Proximus
    • 6.6.2 Orange Belgium S.A.
    • 6.6.3 Telenet Group N.V
    • 6.6.4 Digi Communications N.V

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-Need Assessment
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Belgium Telecom MNO Market Report Scope

Telecom or telecommunication is the long-range transmission of information by electromagnetic means. The Belgian telecom market includes in-depth trend analysis based on connectivity, such as fixed networks, mobile networks, and telecom towers. Telecom services are divided into voice services (wired and wireless), data and messaging services, and OTT and PayTV services. Several factors, including an increasing demand for 5G, will likely drive the adoption of telecom services.

The market sizes and forecasts are provided in terms of value (USD million) for all the above segments. 

Service Type
Voice Services
Data and Internet Services
Messaging Services
IoT and M2M Services
OTT and PayTV Services
Other Services (VAS, Roaming and International Services, Enterprise and Wholesale Services, etc.)
End-User
Enterprises
Consumers
Service Type Voice Services
Data and Internet Services
Messaging Services
IoT and M2M Services
OTT and PayTV Services
Other Services (VAS, Roaming and International Services, Enterprise and Wholesale Services, etc.)
End-User Enterprises
Consumers
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Key Questions Answered in the Report

How large is the Belgium telecom MNO market in 2025?

The market is valued at USD 10 billion in 2025 and is forecast to expand to USD 12.29 billion by 2030.

What CAGR is projected for Belgium’s mobile network operators through 2030?

An annual growth rate of 4.2% is expected over the 2025–2030 period.

Which service type currently leads operator revenue?

Data and Internet Services account for 41.04% of total revenue, reflecting widespread demand for high-bandwidth applications.

How are 5G roll-outs progressing in Belgium?

Proximus reached 67% indoor coverage by 2024, and all operators aim for nationwide 5G by 2026, although Brussels lags due to stricter radiation limits.

Why is Digi’s entry significant?

Digi introduced EUR 5 mobile and EUR 10 fiber plans, sparking price competition that pressures incumbent ARPUs while widening consumer choice.

What opportunities exist for operators in enterprise segments?

Private 5G networks, edge computing, and managed IoT solutions underpin a 4.54% CAGR in enterprise revenue through 2030, enabling operators to diversify beyond connectivity.

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