Belgium Telecom MNO Market Size and Share

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.
Belgium Telecom MNO Market Trends and Insights
Drivers Impact Analysis
Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
---|---|---|---|
Rapid 5G spectrum commercialisation | +1.2% | Belgium nationwide, concentrated in Brussels and Flanders | Medium term (2-4 years) |
Nationwide fibre roll-out accelerating gigabit adoption | +0.8% | Belgium nationwide, prioritizing medium-density areas | Long term (≥ 4 years) |
Surge in mobile data-per-capita consumption | +0.7% | Belgium nationwide, higher in urban centers | Short term (≤ 2 years) |
Convergent quad-play bundles boosting ARPU | +0.6% | Belgium nationwide, stronger in residential segments | Medium term (2-4 years) |
Neutral-host indoor 5G networks for enterprises | +0.4% | Belgium business districts and industrial zones | Long term (≥ 4 years) |
eSIM-only MVNO propositions expanding addressable base | +0.3% | Belgium nationwide, digital-native demographics | Short term (≤ 2 years) |
Source: Mordor Intelligence |
Rapid 5G spectrum commercialisation
The 2022 multi-band auction unlocked EUR 1.2 billion of 5G investment commitments, giving Proximus 120 MHz and enabling 67% indoor 5G coverage by 2024. [1]“Fiber for Belgium Program,” Proximus, proximus.com Telenet and Orange Belgium follow similar schedules through contracts with Ericsson and Nokia, aiming for nationwide 5G by 2026. Brussels lags with 25% high-quality 5G availability because of strict radiation limits that dampen small-cell deployments. Enterprise uptake distinguishes Belgium, with private 5G at Takeda’s Lessines plant and RTBF broadcasting facilities showcasing industrial IoT use cases. [2] These deployments anchor long-run value creation for the Belgium telecom MNO market.
Nationwide fiber roll-out accelerating gigabit adoption
Proximus’s EUR 3 billion Fiber for Belgium plan has passed 2.3 million homes, translating to 43% coverage by Q1 2025. Acquiring the remaining 50% of Fiberklaar for EUR 246 million consolidated its Flemish footprint, while Orange Belgium leverages hybrid fiber-coaxial lines to promise 95% gigabit availability. Telenet delivers 1 Gbps over upgraded HFC networks, serving 3 million households. Differing municipal permit rules extend build timelines by 6-12 months, especially in Wallonia, yet the Belgium telecom MNO market benefits as gigabit connectivity spurs video, gaming, and cloud service uptake.
Surge in mobile data-per-capita consumption
Average 5G allowances hit 131 GB in Q3 2024, while the cost per GB fell to USD 0.31 on a PPP basis. Gaming now rivals video as the largest traffic category, forcing radio-access upgrades in Antwerp, Ghent, and Liège. Proximus responded by raising plan caps—Mobile Smart increased to 50 GB and Mobile Maxi to 100 GB without price changes. Heightened data appetite validates 5G investments, attracts capacity-based tariff tiers, and steers the Belgium telecom MNO market toward richer digital service portfolios.
Convergent quad-play bundles boosting ARPU
Orange Belgium’s VOO acquisition broadened fixed assets in Wallonia and Brussels, enabling quad-play bundles that bundle mobile, broadband, TV, and IoT security, aimed at lifting household ARPU. Telenet’s wholesale pact with Orange opens infrastructure-sharing synergies across 1.8 million homes. Digital-first brand TADAAM added unlimited mobile at EUR 25 per month with eSIM activation to deepen customer tenure. Convergence is forecast to address 80% of households by 2027, anchoring churn-reduction strategies within the Belgium telecom MNO market.
Restraints Impact Analysis
Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
---|---|---|---|
Price-war pressure on consumer ARPUs | -0.9% | Belgium nationwide, intensified in competitive urban markets | Short term (≤ 2 years) |
Stricter wholesale & roaming rate regulation | -0.5% | Belgium nationwide, EU-wide regulatory alignment | Medium term (2-4 years) |
Municipal permitting delays for new fibre routes | -0.4% | Belgium regional variations, complex federal structure | Long term (≥ 4 years) |
Data-sovereignty concerns hindering dense 5G small-cells | -0.3% | Brussels region primarily, strict radiation limits | Medium term (2-4 years) |
Source: Mordor Intelligence |
Price-war pressure on consumer ARPUs
Digi disrupted the Belgium telecom MNO market with EUR 5 mobile plans offering 15 GB and EUR 10 fiber at 500 Mbps in December 2024, fueling immediate sub-10% tariff cuts by incumbents. Proximus countered by raising data allowances at unchanged prices; Orange Belgium is rationalizing the VOO brand to streamline costs. Early investor reaction saw Proximus’s share price dip amid fears of margin compressio. The aggressive pricing widens digital inclusion yet squeezes cash flows earmarked for ongoing 5G and fiber capex.
Stricter wholesale & roaming rate regulation
BIPT aligned with the European Commission’s 2025 cost model, capping mobile termination at EUR 0.2 per minute and reducing wholesale roaming ceilings, trimming lucrative interconnect revenue streams. [3]“Roaming & Termination Regulation Update,” European Commission, europa.euOperators already face EUR 10–15 billion domestic investment needs this decade; tighter price controls extend pay-back periods and limit funding headroom for new infrastructure. Internationally, Proximus’s BICS unit still carries over half of global roaming traffic, yet domestic regulation casts a headwind on blended margins. Compliance increases administrative workload across the Belgium telecom MNO market.
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.
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.

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
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Proximus
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Orange Belgium S.A.
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Telenet Group N.V
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Digi Communications N.V
- *Disclaimer: Major Players sorted in no particular order

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.
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.
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.) |
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 |
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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