Iliad to build fiber-optic lines

Article Abstract:

Iliad S.A. is to build a high speed optical network for 1 billion Euros ($1.25 billion) starting in 2007. The telecommunications equipment upgrade project could take until 2012 to complete. The move may put pressue on France Telecom S.A. to rollout its own fiber optic upgrade.

Communications, Broadcasting and Telecommunications, Production management, Telephone Communication, Telecommunications services industry, Telecommunications industry, Communications industry

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Vivendi blasts Sebastian's proposal

Article Abstract:

Vivendi S.A. of France has announced it is not in favour of a plan by one of its key investors, Sebastian Holdings to divest parts of the media conglomerate. Vivendi S.A. said the plan would "destroy value" in the company given stock market valuation and growth forecasts.

Financial management, Management dynamics, Management, Investor relations, Company business management

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Vivendi seeks the rest of Neuf: move is part of effort to expand presence in broadband market

Article Abstract:

France's telecommunications and entertainment group Vivendi S.A. is negotiating with Neuf Cegetel S.A. for the remaining part of the firm Vivendi does not already own. Vivendi currently has a 40.5% stake in Neuf Cegetel.

Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger

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