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Numericable-SFR makes takeover bid for Bouygues Telecom

2015-06-22 00:58:00| Telecompaper Headlines

(Telecompaper) French cable and mobile operator Numericable-SFR has made an offer for Bouygues Telecom, a person close to Martin Bouygues told Le Monde, corroborating a report in Le Journal du Dimanche, which wrote that the bid was worth a little over EUR 10 billion. Numericable-SFR is expected to get all 11 million Bouygues Telecom customers. An agreement has reportedly been found to avoid competition-related obstacles, with Free acquiring some of Bouygues Telecom's spectrum, masts and stores. Bouygues's board will meet on 23 June to discuss the offer 

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Category:Telecommunications

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