Yes, I tried your code and our Pop3Browser_CS sample. Both works with Implicit and Explicit.
Can you please ensure, you have enabled outgoing connections to ports 110 and 995 on your firewall?
Are you able to telnet to that ports?
Run "cmd" and execute "telnet outlook.office365.com 110"
You should see "+OK The Microsoft Exchange POP3 service is ready."
Then type "QUIT"
For "telnet outlook.office365.com 995" the terminal screen should be cleared.
Press 'CTRL+]'
Then type "QUIT"
If you are not able to telnet to that ports, POP3 will not work.
Please note, that IMAP access and Web access uses other ports, which are enabled on your firewall.