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Bouygues, Free-iliad, and Orange sign MoU to acquire SFR in a €20.35B deal, reshaping French telecom.

Company Fundamentals
06 Jun 2026
Na
View Source
Bullish
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Bouygues Telecom, Free-iliad Group, and Orange have signed a Memorandum of Understanding with Altice France to acquire SFR for a total enterprise value of €20.35 billion. This major telecom deal aims to strengthen France's digital infrastructure by combining assets and customer bases, while ensuring employment continuity until 2029. The acquisition will be followed by regulatory approvals and is expected to close in the second half of 2027. The transaction is designed to boost investment, innovation, and competition in the French telecom sector, benefiting consumers and the digital ecosystem.

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