The CEO of Numericable, SFR defends Monday night in an interview with Echos the merger with Bouygues Telecom, will benefit in his investment and consumers despite fears of government .
“It is (…) an industrial project, the investment profit and consumers. By the meeting of our two networks, it will allow us to give a boost to investment in ultra-fast broadband and mobile throughout the territory, “said Eric Denoyer. “In the ultra-fast broadband, both groups are even more complementary than Bouygues Telecom is not present.”
Altice confirmed Monday it made a Bouygues Telecom bid that would propel its subsidiary SFR-Numericable in first place telecom operators in France and the third in Europe. The board of the construction group will meet on Tuesday at 18.00 to examine this offer.
The Economy Minister Emmanuel Macron has expressed fears about the debt level Altice qu’atteindrait the company in case of redemption of Bouygues Telecom, on the extent of the proposed transaction and its impact in terms of investment and employment.
Eric Denoyer responds that the project meets the conditions set by the government: employment, Numericable, SFR will take commitment and will follow the same methodology as in the merger between SFR, Numericable, through collective agreements and an accompanying agreement he said, while on the investment, the group is committed to increase its effort in deploying fiber to 20 million by 2020 taken against 15 million announced so far.
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