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Monday, January 18, 2010

Vodafone is considering the sale of France's second largest mobile 44%

3G News:

According to foreign media reports, Vodafone's board of directors of its executives declared that if they want to continue to continue to make acquisitions in emerging markets, the company will have to consider selling part of the holders of shares of other operators, such as the SFR. But the report did not give sources. Vodafone's SFR stake valued at about 6.8 billion euros (C114 Note: about 9.9 billion U.S. dollars), but Vivendi has a right of first purchase, but is unlikely to be willing to pay more than 6 billion euros.

Vivendi Jean (Jean-Bernard Levy) had previously said he was convinced finally and it was able to convince Vodafone to sell Vivendi's stake in SFR. This is since 2003 an important change in the past, when Vodafone hopes to sell non-mobile assets to obtain ownership of SFR, so that Vivendi had a severe sense of crisis.

In the Vivendi and Vodafone bid for British Telecom Neuf Cegetel held by the company's 26% stake in the win, and achieved control of SFR's - Cegetel control of SFR 80% stake in Vivendi gained to the actual SFR 56% of the controlling stake.

According to C114 understand, SFR is France's second largest mobile operator. At present only three French mobile operators, namely, Orange, SFR, and Bouygues Telecom (Bouygues Telecom), have launched 3G services.

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