first_imgHome Bouygues shareholders make investment Author Steve works across all of Mobile World Live’s channels and played a lead role in the launch and ongoing success of our apps and devices services. He has been a journalist…More Read more BouyguesBouygues TelecomFinancialJC Decaux Related The owners of French operator Bouygues Telecom have invested EUR700 million in the company, which will be used in part to cover its 4G licence fees, Bloomberg reports.Apparently conglomerate Bouygues, which is the largest shareholder in the venture, is putting in EUR678 million, with advertising company JC Decaux Holding putting up EUR22 million.The investment also sees Bouygues’ stake in the operator passing the 90 percent mark, while contrastingly JC Decaux’s is now under 10 percent.Bouygues’ results for the first three quarters of 2012 were impacted by increased competition in the French market, with challenges for its mobile unit coupled with a stronger performance for its fixed broadband unit.The company has undertaken a EUR300 million restructure and cost saving plan, including a redundancy plan affecting more than 550 employees.It also inked a deal to sell more than 2,000 masts late last year. Free Mobile keeps battling handset subsidies AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 11 JAN 2013 Bouygues looks to displace SFR by 2026 Tags Bouygues loses €2B claim over Orange roaming deal Steve Costello Previous ArticleSprint under no pressure to beat Dish bid – reportNext ArticleApple exec plays down low-cost iPhone rumour last_img