0
Wireless

Iliad seeks EUR 216 mln in damages from Altice over Virgin Mobile deal in 2014 – report

Tuesday 10 September 2019 | 11:00 CET | News
Iliad's Free is seeking EUR 216 million in damages from Altice France for illegal practices during the sale process of MVNO Virgin Mobile in 2014, according to information gathered by Lettre A. At the time, French operator Free was among the parties interested in acquiring the MVNO from Carphone Warehouse and other shareholders. Altice subsidiary Numericable entered exclusive negotiations to buy Virgin Mobile for EUR 325 million in May 2014, completing the acquisition six months later.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Altice France / Free / Iliad / SFR
Countries: France
::: 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.


Related

Iliad appoints Jennifer Bierna as communication director

Published 07 Oct 2019 10:11 CET | France
Jennifer Bierna has joined Iliad as communication director, reports La Correspondance de la presse. She previously covered a ...

Altice Europe refinances debt on better terms

Published 16 Sep 2019 09:58 CET | Europe
Altice has announced a refinancing transaction that will help improve its liquidity profile and significantly reduce its annual ...

Last week in telecoms: balance sheets taking centre stage, resistance against Sunrise's UPC deal increases

Published 16 Sep 2019 07:00 CET | Europe
Earnings season is coming to an end, giving operators and rating agencies a moment to look at the balance sheets. M&A was mostly ...

Free's TV customers regain access to Altice free-to-air channels

Published 11 Sep 2019 09:22 CET | France
Altice France announced that it has reached an agreement with rival Free over the linear distribution of the three free-to-air TV ...

Iliad obtains court order against Altice channels covering carriage dispute

Published 04 Sep 2019 09:51 CET | France
French operator Iliad has obtained an injunction from the commercial court in Paris against the TV channels of rival Altice ...

French operator Free stops distributing TV channels in dispute with Altice

Published 27 Aug 2019 10:29 CET | France
Altice France has failed to reach an agreement with Free on the distribution fees for its TV channels BFM TV, RMC Decouverte and ...

Altice France and Free each score win in ongoing dispute over distribution fees

Published 02 Aug 2019 10:01 CET | France
The battle between Altice France and Free over the distribution of three free-to-air TV channels has seen new developments with a ...

Numericable-SFR closes Virgin Mobile France acquisition

Published 05 Dec 2014 13:48 CET | France
French broadband and mobile group Numericable-SFR has completed its acquisition of MVNO Omer Telecom, the holding company that ...

Carphone agrees to sell Virgin Mobile France for EUR 325 mln

Published 30 Jun 2014 09:10 CET | France
Carphone Warehouse and the other shareholders of French mobile group Omer Telecom have agreed to sell Omer Telecom to French ...

Numericable in talks to buy Virgin Mobile France

Published 16 May 2014 09:02 CET | France
Carphone Warehouse and the other shareholders of Omea Telecom, the holding company of full MVNO Virgin Mobile France, have ...