
French Telecom Giants Agree to Acquire SFR for €20.35 Billion
A consortium led by Bouygues Telecom, including Orange and Free, has reached a deal to acquire struggling rival SFR from Altice France for €20.35 billion. This agreement follows extensive negotiations among the major French telecom companies.
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Bouygues Telecom consortium agrees to buy Patrick Drahi’s SFR for €20.35bn
Bid from group including Orange and Free-Iliad faces showdown with antitrust regulators in Paris and Brussels
Read full article →French telecom giants reach deal to acquire struggling rival SFR
The companies – Bouygues Telecom, Orange and Free owner Iliad – said SFR parent Altice had accepted their offer of €20.35 billion for the struggling mobile operator. The deal could reshape the French telecoms landscape by reducing the number of main operators from four to three.
Read full article →Bouygues-led consortium signs $23.44 billion deal to buy SFR from Altice France
If approved by regulators, the Bouygues-led acquisition would rank among the biggest European telecoms deals in recent years.
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