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Iliad

French Telecom Firm Iliad Takes $1.6 Billion Loan To Buy Rival Alice

Jul 7, 2008 7:56 AM

French telecom group Iliad, which owns Europe’s largest IPTV operator Free, has taken out a syndicated loan for a little over 1 billion euros ($1.6 billion), to help finance their purchase of Alice, Italia Telecom’s competing internet TV player in France, reports Variety. Iliad announced it was in negotiations with…

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Posted In: Entertainment, Money, Companies, alice, iliad

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