PARIS, March 4 The French government will want
to discuss terms of any sale by media and telecoms group Vivendi
of its mobile telephony business SFR, Industry Minister
Arnaud Montebourg said on Tuesday.
The government will be particularly vigilant with regard to
jobs and investment plans, he told reporters at a news
"We have some positions of principle on employment and
investment," he said.
Vivendi wants to sell SFR, which is suffering from a price
war in the sector, and according to a person close to the
situation, the group expects to receive preliminary offers from
sector players Bouygues and Numericable this
New entrant Iliad may also decide to bid at a later
date, another source has said.
In an interview with Le Figaro on Tuesday, Numericable's
largest shareholder, Patrick Drahi, who owns 40 percent through
his Altice holding company, promised to protect jobs.
(Reporting by Gwénaëlle Barzic; editing by Blaise Robinson)