Bouygues ready to sell mobile network in SFR bid

Bouygues Telecom's offer to sell its mobile network to Iliad, owner of Free, is dependent upon regulators approving its bid for Vivendi's SFR.

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France's Bouygues Telecom has agreed to sell its mobile network and much of its spectrum to smaller rival Iliad as a way to head off competition regulators' concerns about its pending bid for Vivendi's SFR, reports Reuters.