0
General

Vivendi may wait until April to announce any sell-off

Monday 17 December 2012 | 13:35 CET | News
Vivendi could wait until its AGM at the end of April to announce any concrete conclusions of its strategic review, group chairman Jean-Francois Dubos told Les Echos. Vivendi is not under pressure as it is solid and profitable, he said. Dubos reiterated that a review of telecoms assets was underway (SFR, GVT, Maroc Telecom) but that there were no plan to divest any media or content assets (Activision, Universal Music, Canal Plus). Lower margins and higher taxes in French telecoms are pushing the segment to a necessary restructure, Dubos said, adding that Vivendi was well positioned to leverage the anticipated growth from the new digital ecosystem with content and distribution, but had less room for manoeuvre, financially, than companies like Google, Apple, Facebook and Amazon. Dubos thinks Vivendi is worth EUR 20 billion.

Categories: General
Companies: Canal Plus / GVT / Maroc Telecom / SFR / Universal Music / Vivendi
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.






Cable's TV market share less than 60 percent
Netherlands  |  2014 Q2

Calendar   /   Industry Events

22 Sep MVNOs Industry Summit Middle East
22 Sep Customer Experience Management , Telecoms European Summit
22 Sep Mobile Video Summit
22 Sep Nordic and Baltic Telecoms Executive Forum
24 Sep LTE Asia
24 Sep Millicom Capital Markets Day
24 Sep Telematics Brazil & LATAM
26 Sep BlackBerry fiscal Q2
::: More Calendar Items