Bouygues

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.

Netflix begins European push

As of Monday, video steaming service Netflix is available in France as the company seeks to expand its presence in Europe beyond the UK and Ireland. Later this month the service will also launch in Germany, Austria, Switzerland, Belgium and Luxembourg.

Bouygues to cut 1,516 jobs as French M&A talks collapse

French multi-play operator Bouygues has announced plans to cut more than 1,500 jobs, after CEO Olivier Roussat told a press briefing that consolidation-focused discussions being held with incumbent Orange and fast-growing newcomer Iliad had stalled.

Consolidation close in France and Italy, say reports

The French and Italian mobile markets could both be on the verge of significant consolidation, according to reports from news agency Reuters. In France incumbent telco Orange has set two investment banks to investigate the potential takeover of rival Bouygues, while talks have resumed between Hutchison and Vimpelcom, which own 3 Italia and Wind respectively, about a potential merger. In both instances Reuteurs cited unnamed sources close to the situation.

Bouygues jumps on VoLTE bandwagon

In the latest of a rash of VoLTE announcements, French carrier Bouygues Telecom said it would start carrying the first voice and video calls over LTE later this year with a view to commercial launch of the service in 2015.

Numericable in bid for Virgin Mobile as French consolidation gathers pace

Carphone Warehouse, which earlier this week announced plans to merge with UK high street consumer electronics retailer Dixons, has announced that it is in discussions to sell Omer Telecom, the holding company which owns Virgin Mobile France, to French cable player Numericable. In April this year Numericable’s parent Altice struck a deal to acquire French mobile operator SFR, which it intends to merge with Numericable.

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.

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.

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.

Polls

Following comments from the European Data Protection Supervisor, do you feel the internet giants are taking advantage of the digital economy?

Loading ... Loading ...