Vivendi's Telecoms Units Up Slightly

Vivendi said that revenues at SFR, its French telecoms unit, rose by 0.3% on a like-for-like basis to 12.43 billion euros in 2009 despite "a market that remains very competitive and substantial tariff cuts resulting from national and European regulations."

The conglomerate also said revenues at Maroc Telecom Group rose 1.3% on a like-for-like basis to 2.69 billion euros. source: Vivendi statement