SFR-Numericable does not need to acquire Bouygues Telecom
SFR-Numericable, the French mobile phone and cable operator, does not need to acquire competitor Bouygues Telecom, French daily Le Figaro reported, citing Eric Denoyer, chief executive of SFR-Numericable.
He added that the industrial project for SFR-Numericable, which aims to overpass French leader Orange in the broadband and mobile markets, would take 100% of the available time.
A report from French newsletter Before Dinner also cited Emmanuel Macron, the French Finance and Economy Minister, as saying that a consolidation of the French telecoms sector made no sense and that, therefore, the companies operating in the market, currently four would not be reduced to three.