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Bids made for France's Club Internet-newspaper

Thu Apr 12, 2007 3:12am EDT

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PARIS, April 12 (Reuters) - Several groups have made bids for French Internet operator Club Internet which has been put up for sale by Deutsche Telecom (DTEGn.DE), the La Tribune newspaper said on Thursday.

It said rival operators Neuf Cegetel NEUF.PA and Iliad (ILD.PA) as well as Ypso had made bids last week. Ypso is made up of investment funds Cinven and Altice which own cable television and Internet operator Noos Numericable.

The paper said the price for Club Internet, which has 600,000 ADSL clients, could be close to 500 million euros

($671.3 million). However, the paper said Club Internet made a 2006 operating loss of some 100 million euros on sales of 200 million euros due to heavy investments to deal with client growth.

The companies involved were not immediately available for comment.

((Reporting by Marcel Michelson,

Reuters Messaging:

rm://marcel.michelson.reuters.com@reuters.net

Email:marcel.michelson@reuters.com

Telephone: +33 1 4949 5130))

($1=.7448 Euro) Keywords: CLUBINTERNET SALE/

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