You are here: silicon.com > Networks > Telecoms

Telecoms

Cable & Wireless says bye-bye to Bouygues

By Tony Hallett

Published: 8 June 1999 11:43 BST

Cable & Wireless (C&W) has agreed to sell its 20 per cent stake in Bouygues Telecom, the French mobile operator, for £700m.

The move is consistent with the UK telco's strategy of pulling out of companies in which it only has a minority interest.

Although C&W received the offer from a group of unnamed financial investors, there is now speculation that Bouygues, the industrial behemoth that controls BDT, Bouygues Telecom's major shareholder, will exercise its right to buy C&W's stake.

Other shareholders such as French bank, Paribas, German group, Veba, and Telecom Italia also have the option to increase their stake in the telco, in preference to any external bid.

  1. Zones
  2. Management
  3. Networks
  4. Software
  5. IT Services
  6. Hardware
  1. Verticals
  2. Public Sector
  3. Financial Services
  4. Retail & Leisure

  • Jobs
VXML technical support! Major telecom software provider outside London

This is a great opportunity for a senior technical support engineer to join this global communication software firm, based in the Thames Valley. The ...

Service Manager - Media/Digital/Telco Client - London - 45k

I am currently recruiting for a Service Manager for a Digital Communications and Marketing Agency in Central London. The successful candidate will be ...

Team lead mobile data design role. Top Thames Valley mobile operator

It is to work as mobile data design Team lead for a leading mobile operator which is based in the Thames Valley. Here is one of the most exciting ...

Agenda Setters 2008
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.





Quick Sitemap Links: