Drahi goes on offensive as SFR lobbying intensifies

In a sign of intensifying lobbying around the future of French Vivendi-owned mobile and fixed line telco SFR, Patrick Drahi has told Le Figaro newspaper that he has no intention of making large-scale redundancies at the operator and would seek to maintain both SFR’s 8,500 employees and Numericable’s staff of 2,400 if he succeeds in […]

Bouygues moves forward with SFR acquisition plan

Bouygues Telecom chief Martin Bouygues reportedly met French president François Hollande last week as part of a drive to convince French official circles of the seriousness of its move to acquire Vivendi-owned telco SFR. According to the Journal du Dimanche, the meeting was intended in part to reassure the government about the impact of any […]

Overseas operations and FTA lift Canal+

Overseas pay TV operations and domestic free-to-air channels lifted Canal+’s full-year operational and financial results despite the flat performance of domestic pay TV in 2013. Canal+ added 249,000 net subscribers in the year to December, taking its total to 10.4 million taking a total of 14.7 million services. The increase was wholly attributable to overseas […]

Vivendi confirms Altice approach on Numericable-SFR merger

Vivendi has confirmed that it has been approached by Numericable majority owner Patrick Drahi’s investment vehicle Altice “regarding a potential alliance” between its telecom subsidiary SFR and cable operator Numericable, in which Drahi holds a controlling interest. However, Vivendi said it “has not received any formal offer” and that its supervisory board “will announce a […]

SFR could launch IPO in July, says Vivendi CEO

Vivendi-owned French service provider SFR could launch its IPO as early as July, according to press reports. Vivendi CEO Jean-Yves Charlier, speaking on the margins of a conference organised in Paris, was reported by Reuters as having said the company is well advanced in its preparations for the spin-off. Pressed on the date, Charlier said […]

Numericable to offer 4G free to subs for one year

French cable operator Numericable is making its 4G mobile service free of charge to existing La Box subscribers for the first year. Subscribers to Numericable’s existing €45.90 offering will be able to use the 4G mobile service at no extra charge for one year, after which they will be charged €9 a month. Numericable has […]

Canal+ files complaint against TF1 on advertising dominance

Vivendi-owned Canal+ has filed a complaint against commercial broadcaster TF1 with the French competition authority, alleging that the latter has abused its dominant position in the country’s TV advertising market, according to local reports. According to business news service BFM TV, the pay TV channel operator has based its complaint on the fact that TF1 […]

Vivendi makes fresh commitments to secure free-to-air channels deal

Vivendi has made a series of fresh commitments to secure regulatory approval for its acquisition of former Bolloré-owned free-to-air channels D8 and D17.  The move follows a decision by top lawmaking body the Conseil d’État in December to rescind the previous authorisation of the acquisition. Vivendi and Canal+ have now submitted a series of commitments […]

Vivendi’s GVT abandons plan for pay TV joint venture

Vivendi’s Brazilian subsidiary GVT has ended discussions with US DTH provider EchoStar about launching a joint pay TV venture in South America’s largest country. Vivendi said that it remains “firmly committed to accelerating the deployment of GVT’s pay TV business” and that  “GVT will be pursuing its active growth development in this field by its […]

Vivendi approves SFR split, backs Bolloré

Vivendi has approved plans to spin off its teleco arm SFR as a separate company and has said that leading shareholder Vincent Bolloré will replace Jean-René Fourtou as chairman of the new-look Vivendi.  At the same time, the firm announced the appointment of the CEO of Hearst Magazines UK and executive vice-president of Hearst Magazines International, […]

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