Bouygues Telecom is ready to buy an operator, but no one is a seller.
Bouygues Telecom again spoke about the future of the telecoms market. The operator is in favor of a return to three operators and is ready to buy one of its competitors. But the CEO of Bouygues Telecom points out that no one is a salesman.
Bouygues Telecom again spoke about the future of the telecoms market. The operator is in favor of a return to three operators and is ready to buy one of its competitors. But the CEO of Bouygues Telecom points out that no one is a salesman.
Bouygues Telecom buy operator
This is the soap opera of the summer. The return to a three-operator telecom market has resurfaced since April 2018. All the market players have expressed themselves on the issue, and all are in favor of consolidation. Even the government and the various market authorities, up to now opposed to this change, believe that the joke has lasted long enough.
The most virulent is without doubt Stéphane Richard, CEO of Orange, who has severely criticized the commercial practices aimed at proposing "ridiculous promotions" and "prices that make no sense". In this context where the transformation seems inevitable, the operators try to get closer.
Free wants to integrate 25% of Orange's capital while Bouygues Telecom has already made a more concrete proposal: buy back SFR. But in an interview with Echos, the CEO of Altice France assured that SFR was "absolutely not" to sell. This does not seem to cool the enthusiasm of Bouygues Telecom who repeated on Thursday that he was ready to seize the opportunities that arose.
Bouygues Telecom buy operator
This is the soap opera of the summer. The return to a three-operator telecom market has resurfaced since April 2018. All the market players have expressed themselves on the issue, and all are in favor of consolidation. Even the government and the various market authorities, up to now opposed to this change, believe that the joke has lasted long enough.
The most virulent is without doubt Stéphane Richard, CEO of Orange, who has severely criticized the commercial practices aimed at proposing "ridiculous promotions" and "prices that make no sense". In this context where the transformation seems inevitable, the operators try to get closer..
Bouygues Telecom targets SFR
By opportunity, Bouygues Telecom is mainly talking about a buyout of SFR. Olivier Roussat, CEO of the company, spoke to Reuters. And if he begins with generalities, he ends up pointing at a specific target: the operator squared red.
If we have an opportunity to strengthen the telecoms market (...) Martin Bouygues (...) always said that if the opportunity arose, then he wanted to position (...) For the market to consolidate, it is necessary that someone is a seller. And it turns out that we were reminded in Les Echos that SFR was obviously not for sale.