French low-cost 3G operator Free has managed to acquire nearly four per cent of the country’s market share in just 80 days.
French operator SFR has appointed Vodafone Europe’s head honcho Michel Combes as its CEO. Combes, currently CEO at Vodafone Europe and director of Vodafone, will join SFR in August and brings with him experience and knowledge of the French telecoms market, having previously served as CEO of French media and telecoms conglomerate TDF and as CFO at France Telecom.
French regulator Arcep has said that it has awarded 4G licences in the 800Mhz band to the incumbent operators Bouygues, Orange and SFR. Fourth applicant Free Mobile, owned by Iliad, was not successful. All four operators were previously awarded 4G licences at 2.6GHz.
French regulator Arcep has announced that all four of the country’s major operators have won licences to use its 2.6 GHz frequency band, which will be used in the deployment of LTE mobile networks. Orange/France Telecom will be allocated a duplex frequency block of 20 MHz, for which it bid €287.12m, while Iliad’s Free Mobile will also be allocated the same, after bidding €271m.
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French telecoms regulator ARCEP has said that the country’s LTE spectrum auction will be launched before May this year. The terms of the sale, which is expected to raise €2bn, are expected to be finalised shortly and ARCEP has said that it wants to award the spectrum before the end of this year.
International operator Vodafone has announced that it is to sell its 44 per cent stake in French carrier SFR to its partner in the operation, Vivendi, for €7.95bn. Vivendi will pay €7.75bn in cash, with a final dividend from SFR of €200m paid on completion of the deal. The move is the latest in a planned series of divestments as Vodafone exits markets in which it does not have majority ownership.
French carriers Orange, SFR and Bouygues have joined forces with IT services firm Atos Origin to form a new joint venture dedicated to exploring a mobile payments initiative.
A report in UK broadsheet The Sunday Times on September 12th claimed that Vodafone has placed a £7bn (US$10.78bn) price tag on its 44 per cent stake in French mobile carrier SFR. The report follows a reorganisation to Vodafone’s structure late last week, in which certain assets were left out of new portfolios, with management given a remit to “maximise shareholder value” from them.
French carrier SFR has tapped HP to build it a complete cloud services platform designed to enable the service provider to offer cloud-based services with utility-based pricing to French companies.
French operator SFR became the second European carrier to commercially introduce femtocells this week, following Vodafone’s UK launch in July.