French Telecom Companies Agree to €20 Billion Deal for Partitioning SFR
Bouygues Telecom, Orange SA, and Iliad’s Free have signed a deal with Altice France to acquire and partition the second-largest French telecom carrier, SFR. The transaction is valued at €20.35 billion including debt and aims to reduce nationwide mobile operators in France from four to three.
Topics: corporate restructuring market consolidation telecom