On 19 July 2022 Fluvius System Operator CV and Telenet BV announced a collaboration in the form of a joint venture named Wyre.
Upon the formation, both Fluvius and Telenet contributed assets to Wyre, with their valuation determined by mutual agreement.
In this decision, the BIPT addresses the question whether the assets contributed to Wyre by Fluvius were valued at market conditions, and whether this transaction therefore complies with the provisions of Article 66, §2 of the Act of 13 June 2005 on electronic communications.
Based on the analysis conducted, the BIPT did not find any manifest undervaluation of the set of assets that Fluvius contributes to Wyre, and concludes that the condition of Article 66, §2 is met.
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