Orange-Led Consortium Signs €20.4 Billion Deal for SFR, France’s No. 2 Mobile Carrier
Updated
Updated · Bloomberg · Jun 6
Orange-Led Consortium Signs €20.4 Billion Deal for SFR, France’s No. 2 Mobile Carrier
1 articles · Updated · Bloomberg · Jun 6
Summary
Orange, Bouygues Telecom and Free-iliad signed a memorandum of understanding with Altice France to acquire SFR in a deal valuing the operator at €20.4 billion, or about $23.5 billion.
SFR is France’s second-largest mobile carrier, making the agreement a major consolidation move in the country’s telecom market.
Orange said the transaction is expected to close in the second half of 2027, subject to required regulatory and other approvals.