0
General

Vivendi to consider SFR spin-off, names Bollore vice-chair

Thursday 12 September 2013 | 10:07 CET | News
Vivendi's supervisory board has decided to commission a study into splitting the group into two companies, both based in France. The first would be an international media group comprising Universal Music, Canal Plus and GVT, covering music operations worldwide, TV in France Africa, Poland and Vietnam, TV and film production, and broadband and associated services in Brazil. Under the plan under consideration, French mobile and broadband operator SFR would be spun off as a separate company. A final decision regarding the demerger could be taken at the start of 2014 and submitted to the 2014

Thank you for visiting Telecompaper

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: General
Companies: Canal Plus / GVT / SFR / Universal Music / Vivendi
Countries: France / 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.


Related

Blackrock builds stake in Vivendi

Published 03 Jan 2014 10:40 CET | France
Blackrock has increased its stake in French media group Vivendi to over 5 percent. According to a filing with the securities ...

Vivendi confirms SFR spin-off, Bollore to become chairman

Published 27 Nov 2013 09:42 CET | World
Vivendi has confirmed plans to separate its telecom operations from the media and content activities and agreed to name 5 percent ...

Michel de Coster aan de slag bij SFR

Published 21 Nov 2013 16:16 CET | Belgium
Michel de Coster maakt per 1 januari volgend jaar de overstap van CEO bij Zapfi naar commercieel directeur bij de Franse operator ...

GVT says to remain part of Vivendi

Published 04 Nov 2013 14:18 CET | Brazil
French group Vivendi has ruled out selling Brazilian operator GVT and will instead focus on pay-TV and new digital services for ...

Vivendi CFO to move to Veolia - report

Published 31 Oct 2013 11:56 CET | World
Media and telecom conglomerate Vivendi's CFO, Philippe Capron, will take the same role at utilities group Veolia Environnement, ...

Vivendi to buy rest of Canal+ for EUR 1.02 bln

Published 29 Oct 2013 08:38 CET | France
Vivendi said it has reached an agreement to buy Lagardere Group's 20 percent stake in Canal+ France for EUR 1.020 billion in ...

Vivendi hires banks to prepare SFR float - report

Published 15 Oct 2013 08:21 CET | France
Vivendi has hired Citigroup and Societe Generale as lead banks to prepare a spin-off of French telecom operator SFR, a source ...

Vivendi chairman Fourtou to step down after split

Published 07 Oct 2013 15:22 CET | France
Jean-Rene Fourtou, supervisory board chairman of French telecom and entertainment conglomerate Vivendi, has announced that he is ...

Maroc Telecom stake sale to be completed in 2 months

Published 12 Sep 2013 08:47 CET | Morocco
The Moroccan government has announced that UAE-based operator Etisalat's planned deal to acquire a majority stake in Maroc ...

Bollore denies seeking executive role at Vivendi

Published 11 Sep 2013 16:19 CET | France
Vincent Bollore, whose over 5 percent stake in Vivendi makes him the media and telecom multinational's biggest individual ...

Bollore wants Vivendi chairman job - report

Published 09 Sep 2013 15:33 CET | World
French telecom and entertainment conglomerate Vivendi has picked up the pace in the last few days in its search for a chairman to ...

Vivendi trims outlook after weak H1 results

Published 29 Aug 2013 11:07 CET | World
French media group Vivendi reported a fall in first-half results due to weakness at its telecom activities in its home market. ...

GVT obtains regulatory approval to become corporation

Published 16 Aug 2013 12:28 CET | Brazil
Brazilian telecommunications operator GVT has obtained prior approval from the National Telecommunications Agency (Anatel) to ...

Vivendi names Roussel to management team

Published 06 Aug 2013 13:40 CET | France
Vivendi announced the appointment of Stephane Roussel, the former CEO and current chairman of SFR, to its group management team. ...

Vivendi studies feasibility of SFR spin-off

Published 29 Jul 2013 08:59 CET | World
French telecom and entertainment conglomerate Vivendi has launched an internal feasibility study into how to spin off its French ...