All posts in Numericable
Following SFR and Virgin Mobile, Altice looks to acquire Portugal Telecom
Altice, led by telco mogul Patrick Drahi and owner of now SFR-Numericable, has their sights on Portugal Telecom (PT) for which it has made a reported 7.4 billion euro offer. As their offer proved to be more attractive than a rival 7.075 billion euros offer by Apax et Bain Capital, PT’s owner, Brazilian telco Oi, quickly advanced negotiations […]
After winning out on SFR, Numericable buys Virgin Mobile
After coming out on top in the negotiations for SFR, Numericable announced Friday that it is also entering into exclusive negotiations to purchase Virgin Mobile. According to Carphone Warehouse Group, 46% owners of Virgin Mobile’s France holding company Omer Telecom, the transaction would be valued at around 325 million euros. Carphone Warehouse Group, looks to […]
Vivendi chooses Numericable, Bouygues and Free on the sidelines for now
On Friday, the French telecom world was buzzing from a somewhat surprise decision that Vivendi would be entering into exclusive negotiations to sell-off its telco unit SFR to Numericable, effectively leaving Bouygues and, indirectly, Free out in the cold. While Numericable had reportedly been Vivendi’s preferred candidate early on, Bouygues came in later in the […]
Numericable to purchase Vivendi’s SFR for €15 Billion; TelCo consolidation just getting started
Internet service provider Numericable has reportedly confirmed talks with Vivendi to purchase their ailing subsidiary SFR at a valuation of €15 Billion. The deal, which will see the new Numericable-SFR merger owned 32% by Vivendi and 50% by Altice, the parent company of Numericable, was first reported on Les Echos, though rumors of such a […]
High Speed Internet falls short in 1.7 Million User Test
Recently, the magazine 60 Millions de Consommateurs(“60 Million Consumers”) released a study on high speed Internet, testing the connection speed for over 1.7 million consumers in France between January 2011 and May 2012. As reported by Numerama[FR], the study showed that, while most operators advertise high-speed internet as 10Mb/s, 50Mb/s, or even 100Mb/s, the reality is […]