Bouygues Telecom French constructiontotelecoms c

first_imgBouygues TelecomFrench construction-to-telecoms conglomerate Bouygues has categorically denied that it is in talks with other French operators after news service La Lettre de l’Expansion reported that Orange CEO Stéphane Richard and Martin Bouygues had talks about possible consolidation at the beginning of March.“Following the article published in La Lettre de l’Expansion on 13 March 2017 entitled ‘Orange-Bouygues, un accord en vue’, Bouygues wishes to categorically deny the existence of any discussions with other operators with a view to consolidating the French telecoms market,” said the company.La Lettre de l’Expansion reported that Bouygues’ bankers were looking for a deal that would see Bouygues Telecom valued at about the same level as when negotiations were taking place last year – about €10 billion.Any deal would be expected to involve the other main French telecom players – Free and SFR – to allay competition concerns. The most widely discussed scenario involves the Free Mobile taking over Bouygues wireless spectrum while Orange and SFR share the fourth operator’s subscribers and retail outlets.Bouygues broke off talks with Orange early last year after failing to find agreement with the larger player on key elements including the level of participation of Bouygues in Orange post the acquisition, the risks of execution and the value placed on Bouygues Telecom, as well as the fate of its employees.Bouygues said at the time that it would pursue a standalone strategy in a market that still had growth potential.last_img read more

The European subscription videoondemand SVOD m

first_imgThe European subscription video-on-demand (SVOD) market is due to reach revenues of US$6.8 billion in 2022, up from US$3.9 billion in 2017, according to Kagan research.The S&P Global Market Intelligence research group said that Netflix’s localised presence throughout Europe was one of the “main factors” contributing to this growth.Other cited factors were the expansion of Amazon Prime Video as a stand-alone service, the debut of international OTT services like Naspers’ Showmax, and the strengthening of offerings from local media providers such as Sky’s Now TV and ProSiebenSat.1 Media’s Maxdome.According to Kagan estimates, total paid subscriptions to online video services across 14 European markets will grow from 39.3 million in 2017 to 60.8 million in 2022, a compound annual growth rate of 9.1%.SVOD services were found to be especially popular in the Nordics, with Denmark, Norway and Sweden ranking as the countries with the highest penetration rates – ranging from 76.2% to 86.1% in 2017.Kagan said this can be attributed to the countries’ high percentage of English-speakers as well as disposable incomes higher than the European average.The UK was found to have Europe’s highest number of SVOD subscriptions, more than double those in Germany in 2017. The report said it expects this to continue over the next five years.Russia, Spain and Portugal were the three least SVOD-penetrated markets in Europe, according to the report.The study looked at 14 European markets – Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, United Kingdom, Poland and Russia.last_img read more