Altice

Altice to poach Alcatel-Lucent chief Michel Combes

Altice chief Patrick Drahi has appointed Alcatel-Lucent chief executive Michel Combes as president of Numericable-SFR and global director of operations at Altice itself, and he will join the telecoms group next month, according to Le Figaro, reports DTVE.

Bouygues rejects Altice acquisition offer

Following a meeting to discuss the acquisition bid for Bouygues Telecom by Altice, the Bouygues board decided unanimously to reject the offer, citing a number of reasons.

Vodafone linked with Altice Portuguese cable assets

Following the recent European Commission approval of the Portugal Telecom acquisition by French telco giant Altice, speculation is growing regarding the likely buyers of Altice’s other Portuguese assets, the disposal of which was a prerequisite of the approval.

Altice to acquire remaining 20% SFR shares, buys out Vivendi

French cable group Altice has announced it has made a formal bid to acquire the remaining 20% of its recently acquired subsidiary SFR’s shares from previous majority owner Vivendi. The billionaire Patrick Drahi-led company and the newly formed Numericable-SFR have made an offer to pay €40 per share.

Iliad’s Niel acquires Orange Switzerland

Apax Partners has agreed to sell Orange Switzerland to French telecoms tycoon Xavier Niel-owned investment firm NJJ Capital for 2.3 billion. Apax bought the operator from France Telecom Orange in 2012 for €1.6 billion, but claims to have transformed the business since by upgrading its network to 4G and modernising its backend IT systems.

Altice open to acquiring Bouygues Telecom – report

The CEO of Altice, Dexter Goei has indicated the French cable group could acquire Bouygues Telecom. According to a report, Goei said the firm, owned by billionare Patrick Darhi, would make a perfect candidate to buy the Telecom arm of Bouygues Group, a fellow French firm.

Altice bids for Portugal Telecom

France-based cable group Altice has made an official bid to acquire the Portuguese assets of Portugal Telecom (PT) from Brazilian Oi for €7.03 billion. The assets in question include the Portuguese incumbent’s business excluding African operations, its Rioforte debt securities, Oi treasury shares and PT’s financing vehicles.

Vivendi accepts Altice’s offer for SFR

French conglomerate Vivendi has accepted investment vehicle Altice’s offer for its mobile operator subsidiary SFR. Under the terms of the offer SFR will merge with Altice subsidiary and cable operator Numericable and Vivendi will receive €13.5bn for SFR as well as a 20 per cent stake in the new merged entity. The firm estimates the total value of the offer at around €17bn.

Bouygues ups offer for SFR again

French operator Bouygues Telecom is not admitting defeat in its pursuit to acquire rival SFR, having again increased the cash part of its offer to parent group Vivendi. The offer now stands at €13.15bn.

Vivendi cosies up to Altice for SFR sale

French conglomerate Vivendi has entered into exclusive negotiations with cable company Altice over the sale of mobile operator SFR. The move rebuffs an alternative proposal from rival operator Bouygues Telecom.

Bouygues increases offer for SFR

French operator Bouygues Telecom has submitted an improved offer to conglomerate Vivendi to take ownership of rival SFR.

SFR fields merger bids from Bouygues, Altice

French conglomerate Vivendi was on Thursday fielding two competing bids for France’s second largest mobile operator, SFR. Both Bouygues Telecom and French cable operator Altice submitted merger offers.

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