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Articles tagged with: Vivendi
Former Vivendi boss ordered to stand trial
Vivendi says its former CEO Jean-Marie Messier and other former top executives have been ordered to stand trial on charges of misleading investors while they were transforming the once-stodgy water utility into a high-flying film, music and pay TV giant. more
Related Tags: France
French Operators File Complaints Against 3G License Auction
Two of France's three mobile network operators have filed formal complaints against the regulator's upcoming 3G license auction. Both vivendi and Bouygues Telecom have filed complaints with France's highest administrative court, the Conseil d'Etat over the reserve price being set for the license. more
Related Tags: france-telecom, 3g-license, virgin-mobile-france, bouygues--telecom, three, radio, France
NY jury hears Vivendi class action case
Opening statements have begun in a class action lawsuit that includes shareholders from France, England and the Netherlands against the Vivendi media group. more
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Vivendi Wins Battle in Ongoing War Over Ownership of Polish Mobile Network
France's vivendi has announced that the Warsaw Court of Appeals has denied the request of Deutsche Telekom and Elektrim for the recognition in the Republic of Poland of the arbitral award rendered in Vienna in November 2004, confirming the position of Elektrim Telekomunikacja (Telco), as a 51% vivendi subsidairy. more
Related Tags: deutsche-telekom, elektrim, Poland
Vivendi to buy Brazilian telecoms operator GVT
Vivendi will offer EUR2 billion ($2.9 billion) to acquire Brazilian Internet and telecommunications company GVT, the French media and entertainment company said Wednesday. more
Related Tags: Brazil
Vivendi net profit slips 3 percent in first half
Vivendi said Tuesday its net profit slipped 3 percent in the first half as the economic slowdown hit earnings at its core music and mobile telecommunications businesses. more
Vivendi Suspends Talks with Zain Over African Investment
France's vivendi announced today that it is interrupting talks, started some weeks ago, with Zain Group, to acquire a majority stake in its African telecommunications activities. more
Related Tags: zain, celtel, debt-ratings, France
Vivendi Confirms - Is in Talks to Buy Zain's African Assets
In a partial contradiction from yesterday's denials by Zain's CEO, Saad al-Barrak, France's vivendi has formally confirmed that it is in talks with the company over an acquisition. In the statement, the firm said that an acquisition would enable vivendi to capitalize on its successful experience of developing mobile telephony in Africa. more
Zain Denies $12 Billion Deal with France's Vivendi
Zain has denied media reports that it has inked a deal to sell its African assets to France's vivendi for US$12 billion - although it confirmed that talks are ongoing with various parties. The company is known to have recruited Swiss bank UBS to carry out a "strategic review" that could lead to a sale of its former Celtel division. more
Zain Sale Rumours Boosted by UBS Appointment
In a short statement to the Kuwait Stock Exchange, Zain has confirmed that it has appointed UBS, and other consultants, to conduct a strategy review of its operations. The company did not comment on the ongoing rumours that it is looking to sell its Pan-African assets. more