France concluded the final part of its recent 700 MHz spectrum auction after telecoms regulator Arcep revealed the positions that have been allocated to the country's four mobile operators within the frequency band.
France completed the auction of six blocks of 700 MHz frequencies after 11 rounds over two days, raising a total of €2.79 billion ($2.98 billion).
Bouygues Telecom said it saw a return to revenue growth from its network operations in the third quarter of 2015 for the first time since the second quarter of 2011, after mobile and fixed network sales increased slightly to €978 million ($1 billion) from €975 million a year previously.
Orange upgraded its core profit forecast for 2015 after it reported higher third-quarter sales and EBITDA for the first time since 2009.
France's telecoms regulator revealed in a tweet that the auction for 700 MHz spectrum assignments will start on Nov. 16 this year.
Bouygues Telecom remains in a bullish mood about its future as a standalone company, saying that higher sales and cost savings will help boost profitability in the longer term.
Bouygues Telecom, Free Mobile, Orange and SFR have all confirmed that they plan to take part in France's auction of 700 MHz spectrum assignments after each operator filed an application with the French telecoms regulator.
Bouygues Telecom looks to be off the hook as a potential take-over target of Altice, after the latter's CEO told reporters it is easing up on its strategy of acquisitions.
The CEO of Orange said consolidation could return to the French mobile sector in 2016 once the country has completed its 700 MHz frequency auction, which is scheduled to end later this year.
Bouygues Telecom said it had 4.1 million 4G customers at the end of June this year, meaning that 42 per cent of its mobile customer base excluding M2M is now using the high-speed mobile service.