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Wireless

Altice holds informal takeover talks with Bouygues - report

Tuesday 17 February 2015 | 11:16 CET | News
French conglomerate Bouygues' share price jumped on 16 February on speculation that Altice had stepped up plans for a potential takeover of Bouygues Telecom, Bloomberg reports. The two parties have held informal talks and Altice is looking at regulatory and financial hurdles to an acquisition of the mobile and broadband operator. The move would reduce the number of French MNOs from four to three, as Numericable-SFR is combined with Bouygues Telecom. People familiar with the matter said Altice thinks such a deal is feasible, but no formal offer has been made. Bouygues said it has received

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Categories: General / Mobile & Wireless
Companies: Altice Europe / Bouygues Telecom / Numericable-SFR
Countries: France
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