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Vivendi urges Orange to enter Maroc Telecom race - report

2013-06-17 18:03:00| Telecompaper Headlines

(Telecompaper) Vivendi is pushing for France Telecom-Orange to bid for the 53 percent stake it is selling in Maroc Telecom, people familiar with situation told the Wall Street Journal. Orange has been weighing whether to join the contest for several months but has yet to make a decision. Quatar's Ooredoo (Qtel) pulled out of the bidding last week, leaving only the UAE's Etisalat, which has a presence elsewhere in Africa, according to the report. Telecompaper previously reported that Korea Telecom submitted a bid. Orange may face regulatory hurdles given that it already owns 40 percent of Maroc Telecom rival Meditel. Vivendi is selling its controlling stake in Maroc Telecom to raise cash as part of a renewed focus on its media affiliates.

Tags: report enter orange race

 

Vivendi in advanced talks to sell Maroc Telecom to Etisalat

2013-06-17 02:00:00| Total Telecom industry news

Rival bidder Ooredoo withdraws offer after allegedly becoming frustrated with deal process.

Tags: to advanced sell telecom

 
 

Vivendi net profit down 18.5% on bad quarter at SFR

2013-05-15 08:38:00| Telecompaper Headlines

(Telecompaper) Vivendi reported revenue down 1 percent to EUR 7.05 billion in the first quarter compared to the year-earlier period. EBITA decreased by 17.2 percent to EUR 1.34 billion, in line with its outlook, and mainly due to a EUR 233 million decrease at its French telecom subsidiary, SFR. Vivendi's adjusted net income declined by 18.5 percent to EUR 672 million in the quarter. The company said that its subsidiaries are taking the necessary measures to adapt to the very challenging economic environment. Vivendi's first-quarter results allow it to confirm annual guidance across all of its businesses. Earnings attributable to Vivendi shareholders amounted to EUR 534 million or EUR 0.40 per share, compared to EUR 699 million or EUR 0.54 per share for the first quarter of 2012, a decrease of 23.6 percent.

Tags: net bad profit quarter

 

Vivendi (Canal+, GVT) releases first quarter 2013 results

2013-05-14 19:10:09| Digital TV News

Vivendi has released its first quarter 2013 results. At the end of March 2013, Canal+ Groups total subscription portfolio was up 285,000 year-on-year, thanks to good performances in the Canal+ Overseas territories, in particular in Africa and Vietnam.

Tags: results releases quarter canal

 

Vivendi SA Downgraded to "Market Perform" at Raymond James

2013-05-04 23:31:36| Apparel - Topix.net

A number of other analysts have also recently weighed in on VIV. Analysts at CIC Securities reiterated a "hold" rating on shares of Vivendi SA in a research note to investors on Monday, April 29th.

Tags: market james perform raymond

 

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