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Tag: vivendi
Vivendi steps away from war of words with Bouygues
2014-04-14 02:00:00| Total Telecom industry news
Martin Bouygues attacks Vivendi's handling of SFR sale, insists his company can continue as a standalone player.
Vivendi sells SFR to Numericable for EUR 13.5 bln, 20% stake
2014-04-06 20:12:00| Telecompaper Headlines
(Telecompaper) Vivendi's board has unanimously chosen to sell French mobile and broadband operator SFR to cable company Numericable, rather than to Bouygues Telecom, for EUR 13.5 billion of cash and a 20 percent stake in the combined Numericable-SFR. Vivendi will receive another EUR 750 million if the new company meets profitability targets. The deal means that France will continue to have four MNOs, Orange, SFR, Bouygues and Free Mobile. By joining Numericable, SFR adds a large installed base of fixed line customers to its traditional mobile business. The board cited the synergies to be gained from combining the two networks, customer benefits based on fixed-mobile convergence, a lower risk of competition issues, and the best overall value from the sale, over EUR 17 billion in cash and shares.
Bouygues gives Vivendi choice of bids for SFR
2014-04-02 02:00:00| Total Telecom industry news
French mobile operator leaves two offers on the table in a bid to woo media group.
Bouygues extends SFR offer so Vivendi can keep calm
2014-04-01 02:00:00| Total Telecom industry news
French telco confident a merger between itself and SFR would get regulatory green light; offers to pay 500 million break-up fee.
Vivendi to consider Bouygues bid for SFR
2014-03-28 01:00:00| Total Telecom industry news
Supervisory board committee to look at new Bouygues offer once exclusivity period expires; Martin Bouygues reiterates pledge to safeguard jobs at SFR.
Tags: bid
sfr
vivendi
bouygues
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