Telenet entertainment chief to lead Luxembourg’s Eltrona

Belgian service provider Telenet and Luxembourg’s Eltrona have named Christophe Costers, currently VP Entertainment at Telenet, as the new CEO of Eltrona as of April 1.

Christophe Costers

Telenet and Eltrona announced on December 21 that the former had taken over Eltrona’s activities in Luxembourg, with the transaction completed on January 2.

Telenet said that Costers has extensive experience in business transformation in the technology and telecommunications sector, including international experience. At Telenet, he has served as VP Entertainment from 2020, and has been responsible for leading the premium TV and entertainment business into the streaming video era.

He is also a non-executive director of Streamz, a joint venture between Telenet and DPG Media, which is the number 2 streaming service in Flanders.

He has also worked in Luxembourg as an international strategic consultant.

Ahead of Costers taking up his role, Karl Abelshausen, VP Finance M&A, Integration and Tax at Telenet, will continue to operate as CEO on an interim basis. He will then remain a member of the Eltrona Board of Directors, in order to ensure the continuity of the company.

John Porter, CEO of Telenet, said: “I would like to congratulate Christophe Costers on this new challenge. Christophe has a broad expertise in the telecom sector and has proven his ability to successfully take on various important management roles within Telenet. I am convinced that he will make an excellent CEO for Eltrona, and that he has a promising future ahead of him. I wish him every success. I would also like to thank Karl Abelshausen, who is currently acting in this role ad interim with great professionalism, and who will continue to do so in the coming months before handing over to Christophe.”