France Telecom looking for $15.6 billion loan

France Telecom has approached lenders looking to arrange some $15.6 billion in financing for an unspecified acquisition, stirring speculation that Nordic telephone group TeliaSonera is in play.

Neither France Telecom—which in April expressed interest in TS—nor TeliaSonera would comment on the rumor. The French incumbent’s CEO, Didier Lombard, earlier this month said he wasn't currently in talks to acquire TeliaSonera.

For more:
- Check out this Total Telecom report (reg. req.)


Like this story? Subscribe to FierceTelecom!

The Telecom industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceTelecom as their must-read source for the latest news, analysis and data on the intersection of telecom and media. Sign up today to get telecom news and updates delivered to your inbox and read on the go.

Suggested Articles

CyrusOne announced five new on-ramps to Google Cloud in order to provision direct connectivity for hybrid cloud deployments.

Verizon has bold ambitions to have its 5G Ultra Wideband enabled in 60 cities by the end of this year, but to do that it needs more fiber.

While Cisco has long dabbled in white box deployments as part of its network disaggregation efforts, it's not quite ready to jump in with both feet.