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French Telecoms Join Forces to Break up Embattled SFR
84 Articles
84 Articles
Three French operators announced on Tuesday that they had submitted a joint proposal to buy back their competitor SFR. Estimated amount: 17 billion euros. The offer could lead to a total reconfiguration of the French telecoms market. - SFR: an unprecedented buy-back offer submitted by its three competitors (Economie).
Telecom Titans Target Altice's French Assets in Mega 17 Billion Euro Bid
Telecom Titans Target Altice's French Assets in Mega 17 Billion Euro Bid Bouygues Telecom, Free-iliad Group, and Orange put forth on Tuesday a non-binding offer to purchase a substantial portion of Altice's operations in France, assigning the acquisition an enterprise value of 17 billion euros ($19.72 billion).This prospective deal reflects ongoing consolidation in Europe's fragmented telecoms sector and stands as the year's second-largest trans…
Bouygues Telecom, Iliad (mother house of the operator Free) and Orange have submitted a non-committal offer for the acquisition "of most of the assets of the operator SFR" that they will share, they announced on Tuesday 14 October, in a joint press release.
This transaction, which values these assets at 17 billion euros, would lead to an unprecedented reconfiguration of the French telecom market since the arrival of the operator Free in 2012 The three
The three French operators agreed on a sharing of the assets of the SFR operator. They propose to take over for 17 billion euros of assets of Altice France.
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