Shaker. After a big agitation in the supply of Numericable, SFR on its telecom subsidiary, calm is slowly returning to the Bouygues folder. Patrick Drahi was willing to pay a little more than 10 billion euros for Bouygues Telecom but was rebuffed by the owner. The Board of Directors of Bouygues has indeed pointed regulatory risks while emphasizing the lack of creditworthiness of the pretender. Mr. Drahi relies effect on debt leverage to pay for purchases. It is also possible that the strong presence of Bouygues employees in the group round played. Given the severe slimming diet initiated at SFR, we imagine they do not want the same treatment. Since this refusal, Patrick Drahi is discreet and does not seem to try his luck again in further enhancing the subsidiary of Bouygues in telephony.
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