Deals
Bouygues to Seek Partners for $2.2 Billion Fiber Projects
- French carriers seeks investors to share capital expenditures
- Company rolling out high-speed network to more parts of nation
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Bouygues Telecom, the French mobile operator, is seeking partners for two infrastructure rollouts in France that will cost about 2 billion euros ($2.2 billion) combined, people familiar with the matter said.
The company is seeking investors to help fund 1 billion euros of capital expenditures for a planned fiber construction project in France, according to the people, who asked not to be identified because the information is private. It is working with an adviser on the potential deal, known internally as “Project Saint-Malo,” the people said.