Vivendi

Vivendi named as Zain suitor in Nigerian press

Nigerian newspaper Business Day has named French telecoms carrier Vivendi as the firm looking to build a deal with pan-MEA mobile operator Zain, after reports emerged last week that the Kuwaiti firm was looking to offload its African operations.

SFR to increase stake in Neuf Cegetel

French conglomerate Vivendi said Thursday its mobile phone subsidiary, SFR, is in talks to buy up a further stake in fixed line carrier Neuf Cegetel. SFR would buy a further 29 per cent stake in the fixed line operator from trading group Louis Dreyfus for around Eur2.07bn. The French mobile operator already owns 40.5 per […]

Vivendi calls Saudi talks off

French conglomerate Vivendi said Tuesday that it has called off discussions with Middle Eastern company Saudi Oger regarding an investment in Oger Telecom. Vivendi did not give a reason for the breakdown in talks and only said it will continue to pursue an acquisition strategy “with the emphasis on value creation at an acceptable price, […]

Vivendi hits T-Mobile with racketeering suit

French conglomerate Vivendi said Tuesday that it has filed a Racketeer Influenced and Corrupt Organizations Act (RICO) complaint in federal court in the State of Washington, alleging that T-Mobile has illegally appropriated Vivendi’s holding in a Polish operator. The move highlights how ugly the situation in Poland is becoming as both Vivendi and T-Mobile parent, […]

PTC ownership struggle gets ugly

French conglomerate Vivendi said Tuesday that it has filed a criminal complaint against German carrier Deutsche Telekom (DT) and Polish utility Elektrim. The move highlights how ugly the situation in Poland is becoming as both Vivendi and DT fight to protect their respective interests in Polish mobileco Polska Telefonia Cyfrowa (PTC). DT and Vivendi have […]

DT rejects Vivendi’s PTC bid

German incumbent Deutsche Telekom has rejected the offer from Vivendi to buy DT’s 49 per cent stake in Polish mobile operator Polska Telefonia Cyfrowa (PTC). As reported by telecoms.com Tuesday, Vivendi put Eur2.5bn on the table to take control of PTC, but reports in the German press state that DT is not prepared to sell […]

Vivendi makes Eur2.5bn bid for PTC

French media and telecommunications group Vivendi, on Tuesday said it had made a EUR2.5bn bid for Deutsche Telekom’s (DT) 49 per cent stake in Polish mobile-phone operator Polska Telefonia Cyfrowa (PTC). DT and Vivendi have battled over PTC for several years, often in court and the bid is aimed at ending uncertainty over the future […]

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