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Xavier Niel buys Telecom Italia options

Xavier Niel


French telecoms billionaire Xavier Niel, the founder of the mobile operator Iliad, has increased his holding in Telecom Italia to 15.143 per cent voting stake, Reuter reports.

The stake is held through call option contracts and other positions, the regulator said in the filing on Friday, a day after it emerged that Niel had a position equivalent to 11.2 percent of the Italian company.

Niel’s investment makes him the second-largest shareholder in Telecom Italia behind Vincent Bollore’s Vivendi.

FT report that this move is setting up a potential battle between the tow billionaires, since it comes just weeks after Vivandi media media group said it intended to become Telecom Italia’s biggest investor and increased its shareholding from 14.9 percent to 20 percent stake.

Xavier Niel’s Iliad and Vivendi has an history. They become direct rival in 2012 when Iliad came to the market with spacial low-cost offers and forced SFR, Vivandi’s mobile unit to lower offers.

In 2014 Jewish Billionaire Patrick Drahi, founder of Altice, acquired mobile segment SFR and Numbericable  from Vivandi.(SEE HISTORY OF THE DEAL DOWN BELOW).

READ MORE: Xavier Niel

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 Sunrise Communications raised 1.35 billion Swiss francs ($1.33 billion) for an IPO that is scheduled to occur in a few months. Sunrise, owned by CVC Capital since 2010, will have a listing on the Swiss SIX More…


Xavier Niel

French telecom tycoon Xavier Niel‘s personal holding company NJJ Capital has agreed to buy Orange Switzerland from Apax Partners in a deal worth €2.3 billion ($2.8 billion),  Apax said in a statement. Apax More…

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Xavier Niel, one of France’s richest men, has made a $15 billion cash bid for control of T-Mobile US. According to Bloomberg News, last month Niel’s telecom service provider Iliad S.A. offered $33 a More…

READ MORE: Patrick Drahi

French Tycoon Patrick  Drahi locks horns with ‘Mentor’ Malone for Time Warner Cable

When Patrick Drahi’s Altice acquired, through its French cable subsidiary Numericable, a controlling 80% stake in French mobile company SFR from Vivendi last summer, in a take over bid valued at Euros 17 More…

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Altice is buying mobile segment SFR, and the joined forces are expected to create a force to be reckoned with among French Telecoms. Vivendi and Altice are combining their SFR and Numbericable units with 13.3 billions More…

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Patrick Drahi’s Altice and Vivendi announced today that they now have signed the definitive agreement for the business combination of Vivendi’s mobile telephony subsidiary SFR with Altice’s French More…

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One of Patrick Drahi’s holding companies, Altice France, which is the controlling shareholder of the Numericable Group, has just completed the acquisition of a total of about 3.25 million shares of More…



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