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Bouygues, SFR open to offers for Virgin Mobile -report

Tue, 06th May 2014 06:38

PARIS, May 6 (Reuters) - Bouygues Telecom andVivendi's SFR unit are both ready to make offers forFrench virtual mobile network operator Virgin Mobile, Les Echosnewspaper reported on Tuesday.

Virgin Mobile is 46 percent owned by Carphone Warehouse, Europe's biggest independent mobile phone retailer, 46percent by Virgin Group and 8 percent by management. It is worthup to 300 million euros ($416 million), the newspaper said.

Carphone Warehouse, which is currently in merger talks withDixons Retail, said last month that quarterly revenueat its Virgin Mobile France joint venture fell 8.6 percent.

Bouygues declined to comment. SFR was not immediatelyavailable for comment. ($1 = 0.7205 Euros) (Reporting by Pascale Denis; editing by Jason Neely)

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