Bouygues Telecom (cycling Team)
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Bouygues Telecom (cycling Team)
Bouygues Telecom () is a French mobile phone, Internet service provider and IPTV company, part of the Bouygues group. It is the third oldest mobile network operator in France, after Orange S.A., Orange and SFR, and before Free Mobile, and provides 2G GSM, 3G UMTS, 4G LTE (telecommunication), LTE and 5G 5G NR, NR services. Its headquarters, designed by Arquitectonica and opened in 2011, is located at the border of Paris and Issy-les-Moulineaux near the Seine, River Seine. History Bouygues Telecom was authorised by the French government to build and operate France's third GSM mobile phone network on 4 December 1994, and commercially launched its network on 30 May 1996. To compensate for its initial weaker coverage in comparison to Orange and SFR, Bouygues Telecom developed several innovations: * heavy use of the 1800 MHz frequency band, which is more efficient in urban areas; * the marketing of the first combo packages in May 1996; * the launch of France's first SMS service ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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