The European regulators forced Vivendi to dispose of its stake in BSkyB because it thought the French media giant would wield too much control of the European pay-TV market.
Vivendi also owns French-based pay-TV operator Canal+, which has operations in several European markets.
Meanwhile Vivendi Universal has formally denied earlier reports that the company is thinking about withdrawing from Vizzavi, the mobile internet portal, and that the business is to make swingeing job cuts.
Reports in this morning's press said that Vizzavi, which is a joint venture between Vivendi and Vodafone, was failing to live up to its shareholders expectations and missed a self imposed subscriber number target of 2m users by the end of June.
Jean-Marie Messier, Vivendi Universal chairman and chief executive, said in June that Vizzavi would have signed up almost 3m subscribers during the summer.
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