neuf Cegetel interested in Alice, but TI confirms no talks as yet

11 Jan 2008

French alternative telecoms operator neuf Cegetel has expressed an interest in bidding for Telecom Italia France (Alice) if its Italian parent decides to sell the company. According to Les Echos, neuf’s general manager Michel Paulin confirmed his company’s interest in Alice at a staff meeting last week. Telecom Italia has commissioned Calyon to conduct a strategic review of its French operation but no formal sale process has been launched yet, a source close to the situation told mergermarket. It is understood that no documents have been sent to potential bidders and any decision on Alice’s fate is unlikely before March 2008.

France, neuf Cegetel