French Telecom Giants Propose $20 Billion Bid for Altice Assets
Financial MarketsAltice FranceUpdated 6 hours ago

French Telecom Giants Propose $20 Billion Bid for Altice Assets

Bouygues Telecom, Free-iliad Group, and Orange have proposed a joint offer of $20 billion to acquire significant assets from Altice France. This collaboration marks a strategic shift in the telecom sector, aiming to enhance competition and improve consumer services. Additionally, the consortium has made a €17 billion bid for SFR, further indicating the ongoing consolidation in the industry.

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Bouygues Telecom, Free-iliad, Orange Offer to Buy Most Altice French Assets for $20 Billion
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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.
Bouygues-Led Group Makes €17 Billion Bid for Drahi’s SFR
PositiveFinancial Markets
A consortium of French telecom giants, including Bouygues Telecom, Iliad SA, and Orange SA, has made a significant €17 billion bid to acquire SFR from billionaire Patrick Drahi's Altice France. This move is noteworthy as it highlights the competitive landscape in the French telecom market and could reshape the industry dynamics, potentially benefiting consumers with improved services and pricing.

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