Orange impressed the markets on Thursday with better than expected forecasts for its margin and core profits in 2014, although the French operator emphasised the figures will partly be achieved through continued cost cutting.
After months of speculation and rumour, the battle for SFR has finally begun. Vivendi announced late on Wednesday that it had received binding offers for the French mobile and fixed operator from both Numericable shareholder Altice and the Bouygues group.
Etisalat said it expects to complete the somewhat drawn-out acquisition of Vivendi's 53 per cent stake in Maroc Telecom by the end of May, bringing to an end a process that started in the first quarter of 2013.
Speculation surrounding the possible sale of SFR to a domestic rival reached fever pitch on Wednesday after Vivendi reportedly asked all potential bidders to submit their preliminary offers by 8pm this evening.
Another day, another announcement by an operator that it is trialling LTE Advanced services. BASE Belgium is the latest company to reveal that it is testing what is in fact "true" 4G, if you stick precisely to 3G and LTE guidelines. However, the focus is still too much on the advancements in speed, even though for many consumers figures such as "250 Mbps" are virtually meaningless.
Numericable and its 40 per cent shareholder Altice are reportedly planning to submit a cash offer of around €11 billion ($15.2 billion) plus almost €4B in other assets for French operator SFR, as speculation continues to swirl about potential suitors for the Vivendi unit.
Bouygues Telecom has reportedly entered the race to buy rival operator SFR, and has hired two investment banks to advise it on a possible tie-up.
Bouygues Telecom has launched the latest salvo in the French market, introducing a new low-cost fixed line package for €19.99 ($27.46) that the operator sells in combination with its mobile plans.
Vivendi has entered into exclusive negotiations with Belgacom on the acquisition of the Belgian incumbent's Telindus France unit in order to strengthen SFR's unified communications services for enterprise users ahead of the French operator's spinoff from Vivendi.
Altice is set to target a number of mobile and cable operators in Europe after the completion of the company's IPO, which raised €1.3 billion ($1.8 billion) of which €750 million from new shares.