Belgian telco Belgacom has raised its bid for the Telindus Group to EUR16.60 (USD19.95) per share from EUR13.50 yesterday to trump a counterbid from France Télécom (FT). On Wednesday FT offered EUR15.80 (USD19) per share of Belgian-owned Telindus. Belgacom’s latest bid values Telindus at EUR594 million (USD714 million).