France's telecoms regulator Arcep has awarded spectrum in the 1800 MHz frequency band to Free Mobile, which will be able to use the airwaves for the expansion of its LTE network across the country.
Altice has started exclusive negotiations with Brazil-based Oi to agree a €7.4 billion ($9.2 billion) acquisition of the Portuguese assets of Portugal Telecom (PT), fending off a rival €7.07 billion bid from private equity funds Apax and Bain, as well as a €1.2 billion offer from Angola-based investor Isabel dos Santos.
Altice completed an acquisition of mobile operator SFR on Thursday, marking the launch of a new fixed and mobile powerhouse on France's telecoms market.
Altice CEO Dexter Goei has further stirred up the telecoms market consolidation debate in France after he made it clear that the company would be more than interested in buying Bouygues Telecom.
Bouygues Telecom unveiled a new range of mobile plans that will see the company integrate its low-cost B&YOU plans into its overall offering, and reposition itself on the still highly competitive French market.
Bouygues Telecom and Iliad's latest financial results continue to reflect the effect of France's fierce mobile price wars.
Xavier Niel, the founder of France's Iliad and Free, dashed French consolidation hopes by saying he was not interested in buying domestic rival Bouygues Telecom.
Altice has launched a fully financed €7 billion ($8.8 billion) offer to buy Portugal Telecom from Oi in a move that could also boost the Brazil-based group's plan to focus on a joint bid for Telecom Italia's TIM Brasil unit.
It's been long in the making, but a planned network-sharing agreement between Bouygues Telecom and SFR appears to be on track after the two companies reportedly signed an amendment to the original contract from January this year.
Numericable announced plans to raise its capital by around €4.7 billion ($5.9 billion) through a rights issue as the France-based cable operator seeks funding to help finance its €13.5 billion acquisition of SFR from Vivendi.