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SFR revenue drops 5.8% to EUR 2.44 bln in Q1
2014-05-15 09:18:00| Telecompaper Headlines
(Telecompaper) French operator SFR had EUR 2.44 billion of revenue in the first quarter, down 5.8 percent on the first quarter of 2013, reports Vivendi, which classifies SFR as a discontinued operation since reaching an agreement to sell it to Numericable and Altice. SFR's decreased slowed in the first quarter, compared to a 7.1 percent decline in the last quarter of 2013. Retail revenues decreased by 8.9 percent to EUR 1.61 billion. The operator's total mobile customer base rose by 3.2 percent over a year to 21.29 million, including 18.02 million postpaid customers. In the first quarter alone, it decreased by 21,000. The broadband internet residential customer base grew by 43,000 in the first quarter, to reach 5.25 million. FTTH customers reached 221,000 and multi-pack customers grew by 528,000 in a year to 2.48 million at the end of March (47.3% of all broadband internet customers). SFR's EBITDA fell by 11 percent to EUR 625 million, a decrease softened by its transformation plan.
Vivendi to redistribute EUR 5 bln from SFR sale
2014-04-25 08:57:00| Telecompaper Headlines
(Telecompaper) Vivendi announced that it will have about EUR 5 billion of cash after the sale of French operator SFR to Altice/Numeriable and will initially redistribute EUR 3.5 billion to its shareholders in the form of dividends and/or share buy-backs. Chairman and CEO Jean Fourtou also confirmed that he would step down at the AGM of 24 June to be succeeded by Vincen Bollore.
Bouygues shares fall on SFR deal
2014-04-07 11:24:35| BBC News | Business | UK Edition
French conglomerate Bouygues' shares fall 6% in Paris after cable operator Numericable beats it in a bid for Vivendi's mobile phone provider SFR.
Numericable gets SFR nod with 13.5bn bid
2014-04-07 02:00:00| Total Telecom industry news
Vivendi agrees to sell mobile unit to cable operator, despite five separate offers from Bouygues Telecom, which now finds itself in a difficult position.
Tags: bid
nod
sfr
numericable
A month of madness: how the race for SFR played out
2014-04-07 02:00:00| Total Telecom industry news
Vivendi has agreed to sell SFR for 13.5 billion and a 20% stake in SFR/Numericable after several weeks of offers and counter-offers.
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