Bouygues Group said its telecoms unit would resume its previous strategy as a standalone operator after talks on a potential merger with Orange finally collapsed before the extended deadline of Apr. 3.
Talks on a potential takeover of Bouygues Telecom by Orange are entering the home straight, although it still appears possible that a merger may not happen at all.
Iliad reported strong revenue and subscriber growth in 2015, as the enfant terrible of France's mobile market continued to be a thorn in the side of rivals with apparently unstoppable growth.
Tesco emerged as another company that hopes to benefit from the potential takeover of O2 UK by CK Hutchison, after reports said the UK supermarket giant views the proposed merger of O2 with Three as an opportunity to take full control of its MVNO business in the country.
Orange refuted speculation that a deal to help it secure approval for a potential acquisition of rival Bouygues Telecom was imminent and said talks were still ongoing.
French billionaire and entrepreneur Xavier Niel reportedly approached UK regulator Ofcom to discuss a potential entry to the market by snapping up any mobile infrastructure CK Hutchison relinquishes in its bid to acquire O2 UK.
Orange remained at the centre of takeover speculation this week amid continuing rumours that the France-based company is looking for acquisitions in its domestic market as well as in the wider European market.
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.
Iliad said profits rose sharply in the first six months of 2015 as the enfant terrible of the French telecoms sector continued to build its mobile market share and expand network coverage.
Altice, whose €10 billion ($11.2 billion) bid for French operator Bouygues Telecom was rejected this week, a nnounced a restructuring that will see the company merge with its new Dutch company called Altice NV to strengthen its ability to make future acquisitions.