Telindus

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Telindus
Type first independent, later subsidiary
Industry ICT
Founded 1969
Headquarters Heverlee Belgium
Key people Michel De Coster, CEO
Products ICT Products and Services
Revenue €618 million in 2005
Website www.telindus.com

Telindus was a legal entity based in Belgium that offered ICT services and solutions to the corporate and public sector, both in Belgium and internationally. These solutions also contained management and support services in relation to their ICT contracts.

Telindus was founded by John Cordier in 1969. Based in Heverlee, which is a part of Leuven, it was listed on the stock market in 1985 and grew in Europe by taking over various companies. In 2005, it achieved a turnover of €618 million, had 2,750 employees, and was present in 6 western European countries.

In January 2006 Belgium's largest telecommunications provider Belgacom Group acquired Telindus for it to become its IT services subsidiary.[1] Telindus continued to operate under the brand name Telindus - Belgacom ICT. On January 4, 2010 the existence of Telindus as a legal entity ended as it was then fully absorbed into the Belgacom Group. The Group retains Telindus as a brand name.

Company history[edit]

  • 1969 Start of the Group’s activities. John Cordier is appointed Director.
  • 1979 The first foreign subsidiary is opened in Luxembourg. New subsidiaries are soon established in France, Italy, Germany, the Netherlands, Spain, Switzerland, and the United Kingdom.
  • 1985 Telindus is listed on the Stock Exchange.
  • 1996 Infrastructure and security service capabilities for various operators are further developed in the late 1990s.
  • 2001 Telindus begins to acquire companies across Europe.
  • 2006 Telindus is taken over by the Belgacom Group but retains its brand, corporate identity, and autonomy. Belgacom’s Network & System Integration department is incorporated into Telindus.
  • 2008 Belgacom narrows Telindus country focus: Belgacom is reducing the number of country offices at its ICT services unit Telindus. The company will maintain offices in Belgium, the Netherlands, Luxembourg, France, the UK, Ireland and Spain, but eight other country organisations (Germany, Italy, Portugal, Switzerland, Sweden, Thailand, China) where the units are too small or making losses.
  • 2010 On January 4, 2010, Belgacom ends the existence of Telindus as a legal entity and absorbs all of its operations into those of the Group.
  • 2011 Belgacom divests Telindus Ireland and Telindus Spain to Agile Networks and Acuntia respectively leaving 5 country organisations.
  • 2014 Belgacom enters negotiations with Vivendi to sell its stake in Telindus France. [2]

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