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French telecom giants sign agreement to acquire SFR in a €20.35 billion deal, reshaping the market.

Company Fundamentals
06 Jun 2026
Orange, Free-Groupe Iliad, Bouygues Telecom, Sfr/Altice
View Source
Bullish
pluang ai news

Bouygues Telecom, Free-Groupe iliad, and Orange have signed a preliminary agreement to jointly acquire SFR from Altice France for €20.35 billion. This major deal aims to create long-term value by supporting infrastructure development and maintaining a competitive telecom ecosystem in France. The acquisition will see the three operators dividing SFR's assets and customers, with commitments to preserve jobs until 2029 and ensure service continuity during the transition. The transaction awaits regulatory approval and is expected to close in the second half of 2027.

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