economy
Bouygues-led consortium signs $23.44 billion deal to buy SFR from Altice France
If approved by regulators, the Bouygues-led acquisition would rank among the biggest European telecoms deals in recent years.
TL;DR
- Bouygues Telecom, Orange, and Free-iliad agreed to buy SFR for 20.35 billion euros.
- The acquisition would reduce the number of mobile operators in France from four to three.
- Bouygues would acquire the largest share of SFR's assets (52% of carved-out revenue), followed by Free-iliad (27%) and Orange (21%).
- The consortium will ensure employment for all SFR staff until the beginning of 2029.
- The deal is expected to be completed in the second half of 2027, pending regulatory approval.