(The following press release from Belgacom SA was received by e-mail. The
sender verified the statement.)
Brussels, 13th February 2014
Belgacom enters into exclusive negotiations with Vivendi for the divestment of
Groupe Telindus France
Belgacom has entered into exclusive negotiations with Vivendi with respect to
the sale of 100% of the shares in Groupe Telindus France.
Groupe Telindus France is one of the leading players on the French ICT markets,
€241 million revenues in 2013. Being the leading Cisco distributor in the
country, Telindus France supports the digital transformation of large companies
by leveraging its extensive experience and expertise.
The transaction will enable the development of services that are based on the
complementary skills and long standing collaboration between SFR and Telindus
France. For example, the two companies formed a strong partnership in 2013 to
develop and commercialise unified cloud communication solutions, UCaaS (Unified
Communication as a Service).
Pending final agreement, the transaction will be subject to approval by the
French Competition Authorities.
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