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Broadband

French example offers support for ACM for opening cable networks

Wednesday 29 October 2014 | 09:38 CET | Author: Kamiel Albrecht | Market Commentary
The French Competition Authority has approved the acquisition of SFR by cable operator Numericable with several conditions. The acquisition became definitive in June of this year, with SFR owner Vivendi receiving EUR 13.5 billion plus a 20 percent stake in SFR Numericable. The conditions set by the Authority include selling the copper network of Numericable's business subsidiary Completel as well as selling the mobile operations of its subsidiary Outremer Telecom in Reunion and Mayotte. Another condition is the presence of a special envoy at SFR Numericable's board meetings to prevent the

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Categories: Fixed
Companies: ACM / Bouygues Telecom / Completel / European Commission / KPN / Liberty Global / Numericable / Orange / Outremer Telecom / Reggefiber / SFR / Tele2 / Vivendi / Vodafone / Ziggo
Countries: France / Netherlands
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