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Altice Europe snaps up French fibre specialist Covage for 1bn

2019-11-26 01:00:00| Total Telecom industry news

Altice Europe has announced that it's French fibre subsidiary, SFR FTTH, is to acquire France's fourth largest fibre to the home (FTTH) provider, Covage, for €1 billion. Covage's network currently comprises 2…read more on TotalTele.com »

Tags: french europe specialist fibre

 

Altice fibre JV to acquire French infrastructure operator Covage for EUR 1 bln

2019-11-25 10:13:00| Telecompaper Headlines

(Telecompaper) Altice Europe announced that its French fibre venture SFR FTTH has agreed to acquire infrastructure operator Covage for a total cash consideration of EUR 1.0 billion. The deal was reached with the operator's two main shareholders, private equity firm Partners Group and Cube Infrastructure Fund. The latter was reported to have hired Morgan Stanley earlier this year to find a buyer for its 50 percent stake in Covage.

Tags: eur french operator infrastructure

 
 

French govt wants 5G spectrum auction floor price of EUR 2.2 bln

2019-11-25 09:37:00| Telecompaper Headlines

(Telecompaper) The French secretary of state for the telecom sector, Agnes Pannier-Runacher, said that the 3.4-3.8 GHz spectrum on sale in the forthcoming 5G auction will have a minimum price of EUR 2.2 billion. In an interview with Les Echos, she explained that the country's four operators will each be able to acquire a block of 50 MHz at a fixed price of EUR 350 million in the first phase of the award process. After the allocation of the four blocks, totalling 200 MHz, operators will have to bid for the remaining 110 MHz of spectrum in an auction that will see each block of 10 MHz selling for a starting price of EUR 70 million. At the end of the two-part tender process, the maximum spectrum holding that an operator can obtain is 100 MHz.

Tags: price eur french floor

 

French regulator publishes decision on 5G spectrum auction rules

2019-11-22 10:04:00| Telecompaper Headlines

(Telecompaper) French telecom authority Arcep has released the procedure setting out the rules for the forthcoming 5G auction of 3.4-3.8 GHz spectrum. The document confirms the main principles laid out in the draft published in mid-July, while containing several adjustments taking into account feedback from operators and the view of the government.

Tags: french rules decision auction

 

SFR brings smart home offering to French customers

2019-11-20 09:42:00| Telecompaper Headlines

(Telecompaper) SFR has started selling a smart home automation range that comes with a dedicated app, featuring products from Legrand, Netatmo and Nest, among others. Grouped under the 'SFR Home' brand, the new offering has its own website and includes three main product bundles. The entry-level pack is priced at EUR 69, while the other two require a monthly subscription in addition to the one-off cost of the equipment (EUR 149).

Tags: home french customers offering

 

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