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Tag: france
Numericable in talks to buy Virgin Mobile France
2014-05-16 09:02:00| Telecompaper Headlines
(Telecompaper) Carphone Warehouse and the other shareholders of Omea Telecom, the holding company of full MVNO Virgin Mobile France, have entered exclusive negotiations for the proposed sale of 100 percent of Omea to cable operator Numericable for EUR 325 million. Carphone owns 46 percent of Omea Telecom, which besides Virgin Mobile France owns smaller MVNOs Breizh Mobile, Tele2 Mobile and Casino Mobile. The remainder of Omea Telecom is held by Virgin group. The statements from Carphone and Numericable did not indicate the length of the exclusive negotiating period, during which they will also consult employee work councils. The transaction is also subject to approval by the French Competition Authority. Numericable said Vivendi will provide EUR 200 million of the financing for the deal, as part of their agreement for Numericable to acquire SFR.
Tags: buy
france
mobile
virgin
Numericable in 325m Virgin Mobile France takeover
2014-05-16 02:00:00| Total Telecom industry news
French cableco furthers mobile push by entering exclusive talks to buy MVNO.
Tags: france
mobile
virgin
takeover
France gets new takeover veto rights
2014-05-15 11:23:08| BBC News | Business | UK Edition
The French government assumes new powers to block foreign bids for firms deemed "strategic", as two companies vie to buy part of France's Alstom.
Tags: rights
france
veto
takeover
France confident of telco consolidation
2014-05-14 02:00:00| Total Telecom industry news
Economy minister says number of operators will eventually reduce to three despite Vivendi opting for Numericable's SFR offer.
Tags: france
consolidation
confident
telco
US beats France for wine drinking
2014-05-13 20:23:59| BBC News | Business | UK Edition
The US overtakes France to become the world's biggest market for wine, according to figures from the International Organisation of Vine and Wine.
Tags: france
wine
drinking
beats
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