Vivendi’s Fourtou Says Competition, Cash Favored Altice: Echos

Vivendi SA chose to sell its SFR mobile unit to Altice primarily for regulatory reasons, Chief Executive Officer Jean-Rene Fourtou tells Les Echos. *Fourtou says SFR-Bouygues entity wouldn’t have passed regulatory test with 47% of the market *Fourtou says Bouygues’s offer would have posed a risk for up to 6,000 jobs *Fourtou says Altice offers growth potential for both companies

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