Tag: Collège de France

BusinessTelecom

Cellnex Divests French Data Center Operations in €391 Million Strategic Sale

Spain’s Cellnex has agreed to sell its French data center operations to Vauban Infra Fibre through a €391 million cash deal. The transaction continues Cellnex’s strategy of divesting non-core assets to strengthen its financial position while focusing on its primary mobile tower business.

Major European Telecom Infrastructure Deal

Spain’s Cellnex Telecom, Europe’s largest mobile phone tower operator, has reportedly reached an agreement to divest its French data center operations in a significant strategic move. According to reports from Reuters, the company has signed a put option agreement to sell 99.99% of Towerlink France’s share capital to Vauban Infra Fibre for 391 million euros ($458 million).

by Natalie Brooks
GovernmentPolitics

France Faces Political Permacrisis as Lecornu Struggles to Govern Amid Parliamentary Deadlock

France is experiencing unprecedented political turmoil with its fifth prime minister in two years struggling to govern amid a hung parliament. According to reports, the country faces dual debt and deficit crises while political blocs remain deeply divided, creating what analysts describe as a potential terminal crisis for the Fifth Republic.

France’s Deepening Political Crisis

According to recent reports, France is experiencing a political permacrisis of unprecedented scale, with the country now on its fifth or sixth prime minister in just two years. Sources indicate that the recent reappointment of Sébastien Lecornu as prime minister represents merely a temporary fix to a much deeper constitutional and political crisis that threatens the stability of the French Fifth Republic.

by Natalie Brooks