Bouygues Telecom, Free-iliad, Orange Offer to Buy Most Altice French Assets for $20 Billion
PositiveFinancial Markets

Bouygues Telecom, Free-iliad Group, and Orange have come together to propose a significant joint offer of $20 billion to acquire a major portion of Altice's telecommunications assets in France. This move is noteworthy as it reflects the ongoing consolidation in the telecom sector, which could lead to enhanced competition and better services for consumers. The collaboration among these major players indicates a strategic shift in the market, potentially reshaping the landscape of telecommunications in the country.
— Curated by the World Pulse Now AI Editorial System