Le Monde | • Updated | By
White smoke does come out of the Bouygues Board of Directors? Tuesday, June 23, the group must decide whether to enter into negotiations with its Altice competitor for the sale of its subsidiary Bouygues Telecom. Patrick Drahi, head of Altice, parent company of Numericable, SFR, proposed a little over 10 billion euros for the smallest of the four French operators in terms of subscribers. If the operation were to materialize, it would create a heavy weight which, with over 30 million mobile subscribers, Orange dethrone its number one.
Pending the decision of Bouygues, political pressure mounts surrounding the protagonists of the transaction. . Monday, Manuel Valls said that the government could not give its support for the operation if a series of five conditions was not satisfied “Our priorities for the telecommunications sector are clear: employment, which must be preserved and developed; investment (…), because you cover the entire area with the deployment of fiber, 3G by the end of 2016; the sale of 4G frequencies to develop; innovation because we must invest in the future and the quality of service for the consumer, “ said the prime minister.
Solemn, Mr. Valls has even called for a “totem” Arnaud Montebourg, the former minister of productive recovery “All stakeholders should participate – that’s the economic patriotism – the recovery of our country.” has hammered the head government. He added: “We can …
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