A Memorandum of Understanding (MoU) has been signed by Wyre, Telenet, Proximus, and Fiberklaar in Belgium on possible future cooperation to expedite the building of fiber networks in Flanders.

Approximately 2.7 million houses are to have access to high-speed gigabit networks thanks to this agreement for Flanders expansion, especially in areas with intermediate to low population density. Proximus said in a joint statement on Thursday that the partnership will guarantee that more users benefit from high-speed gigabit networks, resulting in broader and faster fiber deployment while lowering civil works costs.

Together, Wyre and Fiberklaar will build fiber-to-the-home (FTTH) networks for around 2.0 million homes in medium-density locations; Wyre will build 60% of the networks and Fiberklaar 40%. This infrastructure will be reciprocally accessible to Proximus and Telenet in full, facilitating a more effective deployment and lowering the need for civil construction.

Proximus intends to use Wyre's Hybrid Fiber Coax (HFC) network to service roughly 0.7 million houses in the least populous zones, providing gigabit speeds all throughout the area. Every operator will keep deploying its own networks in highly populated urban regions.

Final agreements and gaining the required regulatory and antitrust approvals are prerequisites for this collaboration. According to the official announcement, constructive talks have been going on, supported by the Belgian Competition Authority (BCA) and the Belgian Institute for Postal Services and Telecommunications (BIPT), all of which are amenable to such cooperation efforts.

The companies stated that no further information would be released until the cooperation agreement is formally inked, which is expected to happen in the fourth quarter of this year.