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Proximus Group to be $3bn biz in 3-4 years, Route Mobile $1 bn: CEO Guillaume Boutin

Mint Mumbai

|

May 10, 2024

B elgium-based Proximus Group, which has acquired a majority stake in communication platform as a service, or C-PaaS, firm Route Mobile, intends to double the group's revenues to $3 billion in 3-4 years, on the back of synergies from the new acquisition, chief executive officer Guillaume Boutin told Mint in an exclusive interaction.

- gulveen.aulakh

Proximus Group to be $3bn biz in 3-4 years, Route Mobile $1 bn: CEO Guillaume Boutin

 

Boutin has kept a goal of attaining 15% margin on the revenue target, even as he pegged India to become among the key contributors to the group's growth where Route Mobile alone is expected to generate $1 billion in revenues.

"With Route, Telesign and BICS, all together it will represent within three to four years, $3 billion of revenues globally.

and at the margin that is going to be the goal of 15%," he said.

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