Altice to acquire Coriolis Telecom for $486.5m.

Altice, a French multinational telecommunications and mass media company, to acquire Coriolis Telecom, a mobile telecommunications equipment company, for $486.5m. "Coriolis is a great, fast growing, company with a customer proposition that would be highly complementary to SFR. We look forward to bringing onboard the significant experience and expertise of the entire team of Coriolis to Altice France and working together to further improve our customer proposition and to realize in full the excellent growth prospects of Coriolis. We are very proud to have Pierre Bontemps, founder of Coriolis, who would continue this impressive and entrepreneurial adventure together with us," Gregory Rabuel, Altice France Chairman and CEO.