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BOUYGUES: Bouygues Telecom disputes the Commercial Court's ruling of 9 February 2023 and is appealing
ソース: Nasdaq GlobeNewswire / 10 2 2023 00:33:29 America/Chicago
Bouygues Telecom disputes the Commercial Court's ruling of
9 February 2023 and is appealingParis, 10 February 2023 The Paris Commercial Court has handed down a ruling that is part of a series of disputes brought by Free Mobile against its competitors and their so-called "subsidised" smartphone plus mobile plan bundled offers. This case between Free Mobile and Bouygues Telecom relates to former Bouygues Telecom offers.
The ruling orders Bouygues Telecom to pay Free Mobile €308 million in damages, and states that there must be "immediate execution of the judgement", which Bouygues Telecom believes is incorrect given the proceedings were initiated before 1 January 2020. Bouygues Telecom disputes this ruling in the strongest possible terms and considers that its bundled offers are legal. Bouygues Telecom believes that it has always acted in strict compliance with the law and for the benefit of its customers.
No provisions were booked in the latest accounts closed by Bouygues Telecom (at 30 September 2022). This judgment is not definitive and Bouygues Telecom is appealing the case before the Paris Court of Appeal.
Disclaimer:
This information was considered by Bouygues SA, before its disclosure, as non-public information within the meaning of the applicable regulations (Article 7.1 of EU Regulation 596/2014, 16 April 2014). Responsible for notification: Didier Casas, General Counsel.Press contacts:
Alexandra Berry: alberry@bouyguestelecom.fr 01 39 26 62 42
Stéphanie Brun: sbrun@bouyguestelecom.fr 01 39 26 62 71About Bouygues Telecom
Bouygues Telecom is 90.5%-owned by the Bouygues group. As a full-service electronic communications operator, Bouygues Telecom stands out by providing its 27.1 million customers access to the best technology has to offer on a daily basis. The very high quality of its 5G and 4G network, which currently covers 99% of the French population, combined with its fixed and Cloud services, provide its customers with simple solutions, enabling them to fully enjoy their digital lives, both in the home and at work, regardless of their location. Bouygues Telecom’s 5G network now covers nearly 10,000 municipalities and over 6 out of 10 people in France. Since 2000, Bouygues Telecom has pursued an environmental policy that aims to reconcile improved access to quality digital services for all with a reduction in its environmental impact. In October 2022, the Science Based Targets initiative (SBTi) endorsed Bouygues Telecom's short-term greenhouse gas reduction targets for the period 2021-2027. #OnEstFaitPourEtreEnsemble www.corporate.bouyguestelecom.frAttachment