Bouygues Telecom has issued an update on the progress of its acquisition of MVNO La Poste Telecom, owned by the La Poste group with 51% stake and SFR with 49% stake. Following a press release dated 22 February 2024 announcing the exclusivity agreement with La Poste group, Bouygues Telecom now states that it has been informed by SFR and La Poste of differences between them regarding the terms and conditions of the transaction.
This had led to La Poste having to implement the dispute resolution mechanisms provided for in their agreements. According to Bouygues Telecom, this could lead to delays in completion of the transaction.
