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Altice France rejects joint bid for SFR from French telecoms operators
55 Articles
55 Articles
The three operators had already submitted a buyback proposal on Tuesday, which was rejected by SFR's parent company, Altice France.
The CEO of Altice France immediately rejected the offer to buy SFR presented by Bouygues Telecom, Iliad and Orange. The three operators propose to take over the activities of their competitor for 17 billion euros before sharing them. Patrick Drahi wants much more.
Bouygues Telecom, Orange and Free announced on Tuesday night their willingness to buy SFR. SFR's parent company, Altice France, rejects this offer. The three competing mobile operators proposed 17 billion...
Immediately filed, immediately rejected: the offer to buy SFR by its competitors Orange, Free and Bouygues Telecom, ruled out from Wednesday morning by its parent company Altice France, revives the conjectures about the future of the sector and a possible switch from four to three operators. ...
Altice France rejects joint bid for SFR from French telecoms operators
Altice France, the owner telecoms firm SFR, has rejected a bid from three French rivals to buy the operator, Altice CEO Arthur Dreyfuss told staff in a memo on Wednesday, setting back a potential deal that could spur more consolidation in the European telecoms market.
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- 39% of the sources lean Left, 38% of the sources are Center
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