French telecom operator SFR is giving up on its Google Android STBs following the acquisition by Numericable-Altice.
French cable to mobile provider Numericable-SFR saw revenues fall by 5% in 2014 as the newly merged entity looks to reduce expenses.
Altice, through its subsidiary Altice France, and Numericable-SFR have made an official offer to Vivendi to acquire the 20% stake it owns in Numericable-SFR for €40 a share.
Numericable has moved into the red as it awaits approval from the local competition authority for its purchase of mobile network SFR.
French cablenet Numericable is introducing a new multiscreen service. It’s also expanding Restart to terrestrial channels.
Altice has acquired a 34.6% stake in Numericable from Carlyle Cable Investments and CCI (Cinven) and applied for listing of new ordinary shares.
French cablenet Numericable is to buy the interests of Virgin Mobile in the country.
French cablenet Altice has raised an additional €911 million through the issue of 17.9 million ordinary shares.
Vivendi, Altice and Numericable have confirmed a definitive agreement in the sale of the SFR mobile network to Numericable.
Altice has acquired a further 2.6% stake in Numericable Group, picking up equity previously held by Pechel and Five Arrows.