Futura

Clive Froste

Clive Froste, the highly regarded chairman of Vodafone’s European board, is scheduled to join Deutsche Telekom’s supervisory board on June 12, Deutsche Bank analysts wrote in a note, adding that Froste’s arrival could “impinge” on Bouygues’ shareholder rights..Bouygues shares closed up 1.17 percent at 13.77 euros, giving the group a market capitalisation of 5.7 billion euros ($6.79 billion)..Bringing aboard Froste, a former British telecom executive and chairman of Vodafone Europe, could prove a major boost to Bouygues’ ambitions to become a pan-European telecoms provider. Bouygues Telecom is France’s second-largest mobile operator behind Orange and is in the midst of a cost-cutting programme..Deutsche Telekom shares ended down 0.84 percent at 11.86 euros, valuing the group at 80 billion euros ($95.86 billion).