je.st
news
Tag: bouygues
Bouygues makes bid for rival SFR
2014-03-06 17:36:19| BBC News | Business | UK Edition
French corporation Bouygues makes a 10.5bn-euro (8.7bn) takeover bid for mobile phone operator SFR.
Bouygues, Numericable make takeover bids for SFR
2014-03-06 09:18:00| Telecompaper Headlines
(Telecompaper) Vivendi has confirmed that Bouygues Telecom and Altice, the owner of cable operator Numericable, have made binding offers for its French operator SFR. It did not disclose financial details of the offers, but Bouygues said its offer values SFR at around EUR 14.5 billion. Mindful of the French government's concerns about unemployment, Bouygues also said if its bid succeeds, there would be no forced redundancies. Bouygues bid includes EUR 10.5 billion cash and a 46 percent stake for Vivendi in the merged entity. The new company would be listed on the stock market after the merger, helping it raise cash for investments. This would also give Vivendi the option to sell another 15 percent stake. Bouygues would hold 49 percent in the new company and consolidate its results fully. Bouygues expects EUR 10 billion of synergies from the merger of the two companies, which already have a mobile network-sharing agreement in place. Altice did not disclose further details of its bid. Vivendi said its supervisory board will study the offers, but did not give a deadline for taking a decision.
Bouygues, Numericable battle it out for SFR
2014-03-06 01:00:00| Total Telecom industry news
Cableco's bid might make more sense for Vivendi since it reduces red tape, which puts a question mark over Bouygues Telecom's future.
Tags: battle
sfr
bouygues
numericable
Bouygues hires banks for possible SFR buy
2014-02-28 01:00:00| Total Telecom industry news
French challenger Iliad also reportedly eyeing Vivendi's mobile unit.
Bouygues undercuts triple-play rivals by a third
2014-02-27 09:05:00| Telecompaper Headlines
(Telecompaper) French operator Bouygues Telecom will cut the price of its triple-play service to EUR 19.99 a month on 3 March, slashing a third off the market's standard price of EUR 30, and giving subscribers the option to cancel at any time, unlike the offers of its competitors. The new plan will be available in French cities with over 100,000 inhabitants where Bouygues has unbundled the local loop, amounting to some 12 million homes. There is no equipment rental cost either. The ADSL service includes 20 GB of cloud storage, up to 165 TV channels, a 40 GB PVR, VoD and catch-up TV. It also offers unlimited calls to fixed numbers in mainland France and 121 international destinations.
Tags: third
rivals
bouygues
undercuts
Sites : [14] [15] [16] [17] [18] [19] [20] [21] [22] [23] [24] [25] [26] next »