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Tag: numericable
Combes to serve as Numericable SFR CEO pending new appointment
2016-01-11 01:00:00| Total Telecom industry news
French telco's chief executive goes upstairs amid management reshuffle; replacement will be named this month.
Tags: serve
ceo
appointment
pending
Numericable, Virgin Mobile sign takeover deal
2014-06-30 02:00:00| Total Telecom industry news
French firms make tie-up official, but regulatory approvals still outstanding.
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
Altice to buy Numericable shares from Carlyle, Cinven
2014-04-07 10:49:00| Telecompaper Headlines
(Telecompaper) Altice, the parent company of French cable operator Numericable, has signed an agreement with Carlyle Cable and Cinven to buy their respective 21.32 percent and 13.27 percent stakes in Numericable. Altice will pay EUR 30.50 per share in cash for a 14 percent stake and the remainder in shares of Altice, at one share of Numericable for 0.97 share of Altice. The transaction will increase Altice's share in the capital and voting rights of Numericable to 74.6 percent. The move comes as Altice won the bidding to buy Vivendi's French telecom operator SFR for EUR 13.5 billion in cash plus an around 20 percent stake in the combined SFR-Numericable. Altice's acquisition of Carlyle and Cinven's Numericable shares is subject to obtaining an exemption from French stock market authority AMF from the obligation to launch a public tender offer on all Numericable shares.
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shares
carlyle
numericable