Numericable-SFR sets ambitious network targets as it posts EBITDA growth

French cable operator Numericable-SFR has hailed a “return to growth” in the first quarter, driven by a 6.7% in its very high-speed broadband base to 1.595 million. The operator also set ambitious targets for fibre and 4G growth.  Numericable-SFR’s ADSL base declined by 4% to 4.925 million in the year to March. The group’s total […]

Madagascar’s Telma to buy SFR-Numericable’s Outremer Telecom

French service provider SFR-Numericable is to sell its Outremer Telecom mobile assets to the owner of Madagascar’s incumbent telco Telma, Hiridjee Group. In a statement, SFR-Numericable majority owner Altice said it had “entered into exclusivity with the Hiridjee Group, controlling shareholder of Telma, the leading telecom operator in Madagascar, for the sale of its mobile […]

Numericable-SFR hit by mobile competition

French cable and telecom giant Numericable-SFR has posted a decline in revenue of 5% and losses of €175 million for the 2014 full year. The combined company posted revenues of €11.43 billion, down from €12 billion for 2013, with the decline in revenues attributed to price competition in the mobile market.  Numericable-SFR also said its […]

SFR-Numericable’s Virgin Mobile launches quad-play

SFR-Numericable has launched a new quad-play offering under the Virgin Mobile brand, with a new box and a new TV service.  The service provider has launched Virgin Box by SFR, which it says builds on the innovations already developed for the SFR box. The package comprises a TV Evolution decoder and a separate modem. The […]

Moody’s places SFR-Numericable under review for downgrade

Credit rating agency Moody’s has placed SFR-Numericable under review for downgrade following its joint offer with majority owner Altice to buy out the 20% stake in the company still held by Vivendi for €3.9 billion.  Numericable-SFR intends to acquire half of Vivendi’s stake through a share buyback programme which is to be submitted to Numericable-SFR’s […]

SFR-Numericable lays out terms for open network

French service provider SFR-Numericable has this week published terms for opening its cable network up to rival operators, a condition for regulatory agreement to Numericable’s acquisition of mobile operator SFR. However the company’s offers have already attracted criticism for being too expensive. Numericable has published two reference offers – a white label offering which allows […]

SFR-Numericable reportedly renewing interest in Bouygues

French quad-play service provider SFR-Numericable has indicated to analysts that it is willing to pay up to €8 billion to acquire its telecom subsidiary Bouygues Telecom, according to local press reports.  According to a study by OFG Research, cited by BFM Business, SFR-Numericable has indicated it is willing to pay €8 billion for the operator. […]

Numericable-SFR moves swiftly to placate regulator over Outremer charges

Numericable-SFR has moved swiftly to head off a possible reversal of the French competition regulator’s previous approval of cable operator Numericable’s acquisition of SFR after concerns were raised that the group was seeking to undermine its own subsidiary in two French overseas territories ahead of a forced sale of the unit.  Numericable had been obliged […]