PARIS, March 11 Altice said its 10.9
billion euro ($15.1 billion) cash and share offer to combine
Vivendi's SFR unit with Numericable still
stood and remained valid until Friday.
The deal would see Vivendi retain a 32 percent stake in the
new combined mobile operator. Bouygues Telecom has
made a rival bid for 10.5 billion euros in which Vivendi would
keep 46 percent.
Bouygues Telecom said on Sunday that it had agreed to sell
its mobile network and much of its spectrum to smaller rival
Iliad as a way to head off competition regulators'
concerns over its SFR bid.
"Our offer remains valid until Friday, March 14," Altice
said in a statement on Tuesday.
($1 = 0.7205 Euros)
(Reporting by James Regan; Editing by Blaise Robinson)