PARIS--SFR, the mobile-telephone unit of French conglomerate Vivendi (VIV.FR, VIVEF), can remain independent and doesn't need to merge with another company to be viable, le Journal du Dimanche reported, citing the company's CEO.

"We can remain independent," said Jean-Yves Charlier, CEO of the mobile company. "We don't need to get married with another operator to implement our strategy."

Mr. Charlier told the newspaper he expects a few large mobile phone operators to emerge in Europe, but added that SFR intends to focus on the French market.

Write to Gabriele Parussini at gabriele.parussini@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Vivendi (PK) (USOTC:VIVHY)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Vivendi (PK) Charts.
Vivendi (PK) (USOTC:VIVHY)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Vivendi (PK) Charts.