Altice responds on employment, investment fears following Bouygues offer

Altice attempted to address the controversy raised by its bid for French operator Bouygues Telecom, which it said is worth “a minimum of €10 billion”. Politicians expressed anxiety about the bid’s potential to destroy jobs, but Altice said it would …

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French regulator to review Iliad-Orange roaming agreement – report

French industry regulator Arcep will conduct a review into a national roaming agreement between Iliad and Orange. Iliad operates low cost player Free Mobile and has used Orange’s nationwide network since 2012 while it builds its own network, due for completion …

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Bouygues rejects €10B SFR-Numericable bid

Bouygues claimed the €10 billion offer from SFR-Numericable for its mobile business carried “significant execution risk”, as it also played the political card. The board of Bouygues unanimously rejected the offer, citing likely objections by French regulators. In addition, SFR-Numericable …

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SFR-Numericable’s bid for Bouygues Telecom faces growing political opposition

France’s Prime Minister, Manuel Valls, said five issues need to be weighed with SFR-Numericable’s €10 billion bid for Bouygues Telecom: impact on employment, network investment, innovation, customer service and whether proceeds from the country’s upcoming 4G spectrum will be reduced. …

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EC chief questions telecoms industry over competition stance

Contrary to the argument made by operators, infrastructure investment in the mobile industry can be stimulated by competition, Margrethe Vestager said. The EU competition chief also questioned the corollary – that if operators do not combine with national rivals they …

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French economy minister says “time not right” for consolidation

Emmanuel Macron, France’s economy minister, said the country’s operators should think less about consolidation and more about investment. “In France the sector has reached a point of equilibrium,” he said in an interview with French daily Les Echos. “Time is …

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Iliad Q1 sales boosted by mobile; targets 10% full-year earnings growth

Iliad Group saw year-on-year Q1 revenue rise by 7 per cent, to €1.07 billion, largely thanks to the continuing popularity of Free Mobile, its budget brand in France, which raked in 420,000 new customers during the three-month period. Mobile revenue …

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Orange CEO: Talk of more price cuts is “insane”

Stephane Richard, the CEO of Orange, forecast an end to the price war in France which has taken a toll on the country’s operators and their margins. “In France we have among the lowest prices in the world for both …

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Iliad chief is down on consolidation but subs, revenue head upwards

Iliad’s Free mobile business grew by two million subscribers in 2014 and, just three years after launch, has nabbed 15 per cent market share in France, according to its annual results. Mobile turnover surged 28 per cent to €1.6 billion, …

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