Altice France & Orange Group

Altice France: Altice France has signed a memorandum of understanding to sell its SFR assets for 20.35 billion euros, significantly reducing its debt and streamlining operations. This sale is a major strategic move for the company.

Orange Group: Orange Group is acquiring a significant portion of SFR's assets, including mobile and fixed broadband customers and spectrum, for approximately 5.6 billion euros. This acquisition is expected to reinforce Orange Group's leadership in France and accelerate value creation.

Altice France: Altice France is in exclusive negotiations to sell the majority of its SFR assets for an enterprise value of 20.35 billion euros, which would significantly restructure the company.

Orange Group: Orange Group is a member of the consortium in exclusive negotiations to acquire SFR assets, which would allow it to share B2C business, infrastructure, and spectrum, enhancing its market presence in France.