France: Wireless wars continue with possible Virgin bid

Soon after Bouygues lost to Numericable to acquire wireless operator SFR, reports say Bouygues and SFR have approached their newest rival, Virgin Mobile, for a possible acquisition.

According to reports, Virgin is the newest wireless operator in France to offer LTE service. But UK retailer Carphone Warehouse, which owns a 46 percent stake in Virgin’s French wireless operations, is reportedly slated to sell its shares.

Local reports say it could be looking to receive offers by May 15.

SFR, France’s second-place operator, and Bouygues, its third-place operator, along with mobile virtual operators, are reportedly looking to bid on the shares. Top operator Orange is reportedly not interested in a Virgin acquisition.

Full content: Rethink Wireless

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