Announced

Bouygues Telecom, Free-iliad Group and Orange to acquire telecommunications assets of Altice France for €17bn.

Synopsis

Bouygues Telecom, Free-iliad Group and Orange, telecommunications companies, agreed to acquire telecommunications assets of Altice France, a telecom company, for €17bn. While ensuring continuity of service for SFR customers and in a mature market, the deal would make it possible to step up investments in superfast network resilience, in cyber security and in new technologies such as artificial intelligence, consolidate control over strategic infrastructure in France and maintain a competitive ecosystem for the benefit of consumers.

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MergerLinks - Bouygues Telecom, Free-iliad Group and Orange to acquire telecommunications assets of Altice France for €17bn.