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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Arcep paves way for France’s 700MHz allocation

France’s communications regulator, Arcep, published details of a public consultation on “spectrum for superfast mobile”, which included an update on the availability of 700MHz spectrum for operators in the country. In a briefing document, it said that assigning 700MHz frequencies …

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Altice open to acquiring Bouygues Telecom – report

The CEO of Altice, Dexter Goei has indicated the French cable group could acquire Bouygues Telecom. According to a report, Goei said the firm, owned by billionare Patrick Darhi, would make a perfect candidate to buy the Telecom arm of Bouygues Group, a fellow French firm.

France’s Iliad looks to Free up US mobile market

Not content with making life miserable for the three incumbent operators in France, French telco Iliad has put in a surprise bid for T-Mobile US. It had been assumed acquisition of T-Mobile US by rival operator Sprint was a foregone conclusion, so Iliad’s 11th hour intervention will potentially ruffle a lot of feathers.

Bouygues to cut 1,516 jobs as French M&A talks collapse

French multi-play operator Bouygues has announced plans to cut more than 1,500 jobs, after CEO Olivier Roussat told a press briefing that consolidation-focused discussions being held with incumbent Orange and fast-growing newcomer Iliad had stalled.

Vivendi accepts Altice’s offer for SFR

French conglomerate Vivendi has accepted investment vehicle Altice’s offer for its mobile operator subsidiary SFR. Under the terms of the offer SFR will merge with Altice subsidiary and cable operator Numericable and Vivendi will receive €13.5bn for SFR as well as a 20 per cent stake in the new merged entity. The firm estimates the total value of the offer at around €17bn.