Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

French court rules in favour of Bouygues on 4G licence fees

Published 29/12/2014, 15:49
© Reuters. The logo of Bouygues Telecom company is seen on the facade of a building in Paris
FCHI
-
BOUY
-

PARIS (Reuters) - France's highest administrative court has ruled in favour of Bouygues Telecom in its appeal against annual fees telecoms operators pay the state for mobile airwaves previously used for voice calls to be reassigned for Internet browsing.

In March 2013 French regulator ARCEP authorised Bouygues to recycle its second-generation (2G) mobile spectrum for 4G use on condition that it paid more than when it was used for voice calls.

The regulator had also set out a formula to calculate how much money Bouygues and other operators would pay to re-use spectrum, lifting the annual fee to 3,231 euros per kilohertz of spectrum from 571 euros.

Bouygues appealed against the way the fee was calculated and on Monday the Conseil d'Etat ruled in its favour. Though the court annulled the 2013 decree, it said that fees could still be charged "on condition that they are not set at a clearly disproportionate level".

As a result, the telecoms regulator is likely to revise the way the fee is calculated, which could lead to Bouygues paying less. Bouygues said in March 2013 that it would pay about 70 million euros a year for the switch.

France's other mobile operators, including market leader Orange and second-placed Numericable SFR, have not yet asked to switch spectrum from voice to mobile data.

For Bouygues, however, the 2013 regulatory decision allowed it to leapfrog competitors to build broader 4G coverage more quickly and at a lower cost. Bouygues had far more 1800 MHz spectrum than its rivals so could re-use some it for 4G while still having enough to use for voice calls.

Bouygues shares were down by 0.3 percent at 30.23 euros by 1543 GMT, against a 0.1 percent rise for France's blue-chip CAC 40 index.

© Reuters. The logo of Bouygues Telecom company is seen on the facade of a building in Paris

(Reporting by Leila Abboud; Editing by David Goodman)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.