Numericable

The new Numericable project aimed at implementation of three-dimensional video with high resolution will become one of the most ambitious in the market. Numericable will turn the network infrastructure into the powerful media network all-IP optimized for support of multimedia applications. It will allow to implement the new services HD 3-D VOD exceeding everything that is available in the modern market of three-dimensional video services on quality.

History

2014

The French Vivendi SA media group approved merge of telecommunication division of Societe Francaise de Radiotelephonie (SFR) to an operating company of cable television of Numericable — it is said [1] in the statement of Vivendi^[1].

Under the terms of the agreement of Vivendi will receive 13.5 billion euros at completion of the transaction with a possibility of additional payment in the amount of 750 million euros on condition of profit earning by the united company. It is noted that Vivendi share in the united company will make 20%, and the Luxembourg holding Altice, Numericable parent company — 60%, another 20% of stocks will be in free circulation. Vivendi reserved sales opportunity of the share in the future. In that case the total amount of the transaction is estimated at 17 billion euros.

'After long discussions, the control commission unanimously decided to select the offer of Altice/Numericable which assumes the bigger potential of growth, improvement of services for clients and also arrived for employees and shareholders and also most answers Vivendi purpose', the statement says.

Let's remind that Vivendi is a key shareholder in the French TV channel Canal+ and also knows French SFR mobile operator and the world's largest record company Universal Music (UMG). In turn, Numericable since 2005 works in France, Belgium and Luxembourg, specializing in representation of services of cable television, broadband access in the Internet and also fixed and mobile telephone communication.