April 25, 2018 12:56 PM ET

Diversified Telecommunication Services

Company Overview of Tango S.A.

Company Overview

Tango S.A. provides mobile telephony services in Luxembourg. It offers mobile telephony, mobile data, machine-to-machine applications, fixed telephony, Internet, and online billing services; and various combined offers. The company was founded in 1989 and is based in Bertrange, Luxembourg with additional offices and sales outlets in Luxembourg. Tango S.A. operates as a subsidiary of Belgacom SA.

177 rue de Luxembourg

Bertrange,  8077

Luxembourg

Founded in 1989

Phone:

352 27 777 101

Fax:

352 27 777 222

Key Executives for Tango S.A.

Chief Executive Officer
Compensation as of Fiscal Year 2017.

Tango S.A. Key Developments

Proximus Collaborates with Telindus and Tango to Create Proximus Luxembourg

Proximus has collaborated with Telindus and Tango to create Proximus Luxembourg, a new convergent organization. Tango and Telindus will pursue a coordinated convergence strategy based on innovation and with a challenger mindset. The new organization that results from Tango and Telindus joining forces will be called Proximus Luxembourg. The Proximus Luxembourg HQ entity will regroup the mobile and fixed networks and all the services and competence centers supporting the commercial activities; all investments will be centrally steered and monitored. The Enterprise Business Unit (EBU) will address large and medium sized companies and will act on the B2B market under the Telindus brand. Telindus and Tango will join forces in their businesses of telecom operator and IT provider. In that context, they intend to further grow their mobile, fixed connectivity, cloud, security, outsourcing, and Fintech businesses. The Consumer Business Unit (CBU) that will address consumers and small businesses (up to 10 employees) and will act on the B2C market under the Tango brand. Tango will continue its successful growth strategy in mobile, fixed Internet and TV services. The legal entities will be maintained in full compliance with legal and regulatory requirements but will largely operate in tandem under the combined leadership. The new Proximus Luxembourg organization, that becomes a strong player on all the markets it operates in, will be progressively set up during the coming months and aims to be fully operational in September of this year. The newly structured offering for B2B customers based on the ambitious investment plan will hit the market as of the fourth quarter of the year 2016.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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