Brief: Bouygues Telecom Signs MoU With Altice France With A View To Acquiring SFR
BRIEF-Bouygues Telecom Signs MoU With Altice France With A View To Acquiring SFR June 6 (Reuters) - Bouygues SA BOUY.PA:
BOUYGUES TELECOM TAKES A MAJOR STEP FORWARD FOR ITS FUTURE GROWTH BY SIGNING, ALONGSIDE FREE-ILIAD GROUP AND ORANGE, A MEMORANDUM OF UNDERSTANDING WITH ALTICE FRANCE WITH A VIEW TO ACQUIRING SFR
BOUYGUES - UNDER THE MOU BOUYGUES WILL ACQUIRE SFR BUSINESS ACTIVITY AND CUSTOMER BASE, REPRESENTING AROUND EUR 1.2 BILLION IN SALES
BOUYGUES - TO ACQUIRE PART OF SFR'S B2C ACTIVITY AND CUSTOMER BASE, COMPRISING AROUND 3.8 MILLION MOBILE AND AROUND 2.6 MILLION FIXED CUSTOMERS
BOUYGUES - TO ACQUIRE SFR'S SHARE OF HORIZONTAL FTTH NETWORK IN PART OF VERY DENSE AREA KNOWN AS "FABER"
BOUYGUES - TRANSACTION WOULD ALSO GENERATE SIGNIFICANT SYNERGIES, ESTIMATED AT AROUND EUR 1 BILLION PER YEAR IN EBITDAAL-CAPEX
Source text: ID:nGNE9WgHSx
Further company coverage: BOUY.PA
((Reuters.Briefs@thomsonreuters.com;))