SFR
Strategic Concepts & Mechanics
Primary Evidence
"money is considered a raw material that needs to be identified, exploited, developed, and valued. Here are some figures to testify to that. This first participation in Vivendi represents the equivalent of 360 million euros, much higher than the sums invested by Bolloré in his two TNT channels. To increase its power and reach the 5% stake that will open the doors to the supervisory board, this time more than 700 million euros from Bolloré's treasury must be withdrawn. And around 3 billion euros in the following years to reach the threshold of 15%, which will change everything, with the allocation of double voting rights and the promise of comfortable future dividends-600 million euros of exceptional distribution from 2015, at the time of the sale of SFR, and then between 100 and 200 million euros that will come in every fiscal year into the coffers of its largest shareholder, as it climbs up the capital."
"the Prime Minister's services have decided to refer the matter of obstacles to the development of virtual operators to the Competition Council and to request appropriate measures if necessary. These actors, who buy mobile communication minutes from Orange and SFR at a price 35 to 40% lower than their selling price to consumers to market under their own brand, still struggle to make a breakthrough in the market."