Tuesday, June 23, 2015

Repurchase Bouygues Telecom SFR: the political class heats – L’Express

Tuesday could well be a decisive day for Patrick Drahi (owner of L’Express). The boss of Altice is expected in late afternoon at Bercy to meet with the Minister of Economy, as part of its takeover approach Bouygues Telecom. Prime Minister Manuel Valls Monday asked a series of conditions to repurchase Bouygues Telecom by the Altice Group. If the government seems reluctant, left, left is all the more suspicious.

& gt; & gt; Read also: Purchase of Bouygues Telecom SFR: the wrong operation for the state

When moving in the Val d’Oise, the Prime Minister asked five conditions? the possible acquisition of Bouygues Telecom, Numericable by SFR “employment, which must be preserved and developed; the investment [...] because it must cover the entire area with the deployment of fiber, 3G, throughout the country by end 2016, the sale of 4G frequencies to develop, innovation [...] and of course the quality of service for the consumer. ”



3 or 4 operators, “no religion” for Emmanuel Macron

On the left, the government’s position raises questions. “His statement shows that Manuel Valls is already preparing to make a deposit to that agreement (…) In this case the two winners will Bouygues, since the company would sell twice what it is worth is -called on the stock exchange, and Drahi him, (which) would continue to grow with the money of banks, that is to say, our money, “says Pierre Laurent, national secretary of the Communist Party, micro RFI.

Same story for Jean-Luc Mélenchon. “This government is somehow acquired finance interests (…) But the truth is that thousands of jobs will be destroyed, of course”, asserts the Left Party MEP to RTL.

“Let the markets regulate themselves. The state should not intervene, one is in the area of ​​privacy,” ruled for its part, Christian Jacob, the leader Party Republicans in the Assembly.

& gt; & gt; See also: Purchase of Bouygues Telecom SFR: What social consequences?

Concerns which also coincide with those set forth by the unions. But consumer groups also fear the concentration of the telecoms market. “The move from four to three operators always result in higher prices”, told Cedric Musso, UFC-Que Choisir. For his part, Emmanuel Macron said Tuesday during an annual conference of the Electronic Business Group (EBG) he had “no religion” on the need to have 3 or 4 operators.

& gt; & gt; Read also: “The challenge is to put an end to the price war”

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