Agence France-PresseApril 7, 2014 08:20
Shares in French telecom operator Numericable leapt in initial trading on Monday after the company's victory in buying mobile phone firm SFR, but shares in rival companies Bouygues and Iliad fell.
Numericable stock jumped 16.81 percent to 30.88 euros.
Shares in Bouygues, the unsuccessful bidder to buy SFR from media giant Vivendi, fell by 5.33 percent to 29.19 euros.
And the price of stock in Iliad, which controls cut-price operator Free, fell by 6.69 percent to 196 euros.
The overall French market as measured by the CAC 40 index was down 0.83 percent.