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Vivendi studies feasibility of SFR spin-off

2013-07-29 08:59:00| Telecompaper Headlines

(Telecompaper) French telecom and entertainment conglomerate Vivendi has launched an internal feasibility study into how to spin off its French telecom subsidiary, SFR, without upsetting the group's credit rating or causing a fall in its share price, the Wall Street Journal reports. People familiar with the matter said such a deal could happen as early as autumn 2014. "De-consolidating SFR from the business would probably create value", said Vivendi CFO Philippe Capron said in a conference call with analysts after the group announced a deal to sell most of its stake in video game company Activision Blizzard. Capron added that a possible spin-off of SFR would be considered by the board "in due time".

Tags: studies feasibility sfr vivendi

 

SFR, Bouygues in mobile network sharing talks

2013-07-23 08:26:00| Telecompaper Headlines

(Telecompaper) French operators SFR and Bouygues Telecom have entered exclusive talks to share their mobile infrastructures. The operators said the agreement would help them deliver the best possible quality and coverage to their customers. The two companies aim to reach an agreement on the alliance by the end of this year, which would then be subject to regulatory approval.

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SFR, Bouygues Telecom mull network sharing

2013-07-23 02:00:00| Total Telecom industry news

French mobile operators hope to reach agreement by end of year.

Tags: network sharing telecom sfr

 

SFR readying to sell shares on market

2013-06-12 02:00:00| Total Telecom industry news

French mobile operator faces heavy investment in 4G, fibre networks.

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SFR preparing to float if market conditions allow - chairman

2013-06-11 20:21:00| Telecompaper Headlines

(Telecompaper) Vivendi and its French telecom subsidiary SFR are readying to float the operator if markets conditions allow it, said SFR chairman Stephane Roussel at a telecom and internet conference organised by Les Echos. While SFR did not give an official target date, Vivendi management is reportedly considering listing the operator towards the end of 2014 or in early 2015. Roussel said the plan would be for SFR to become a CAC 40 index company.

Tags: conditions market chairman preparing

 

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