Herbert Smith Freehills has advised the shareholders of Omer Telecom Ltd (parent company of Omea Telecom SAS which operates Virgin Mobile in France):  Carphone Warehouse, Virgin and Financom (holding company of Geoffroy Roux de Bézieux, CEO of Omer Telecom Ltd), on the offer for  100% of the French mobile group Virgin Mobile France, made by Altice's subsidiary, Numericable Group, for an enterprise value of €325m.

Omea Telecom SAS, operator of Virgin Mobile in France is the leading MVNO and the fifth mobile operator in France. In 10 years, the group has attracted some 1.7 million clients.

The three main shareholders of Omer Telecom Ltd have entered into an exclusivity agreement with Numericable Group.

Herbert Smith Freehills in Paris advised the shareholders of Omer Telecom  with a team led by Corporate partner Hubert Segain, assisted by Christopher Theris (of counsel) and Elise Favier on corporate matters and the negotiation of the relevant contracts, as well as partners Sophie Brezin and Emma Röhsler on employment law aspects. Gide Loyrette Nouel advised the shareholders of Omer Telecom Ltd on the tax aspects (Chirstian Nouel), and also Financom.