French telecoms trio raise offer for rival Altice's SFR to $24 billion
17/04/2026 07:13
April 17 - French telecoms operators Bouygues BOUY.PA, Iliad-Free and Orange ORAN.PA have submitted an improved 20.35 billion euro ($23.97 billion) offer to buy most of Altice France's assets, the suitors said in a joint statement on Friday. The three companies, operating as a consortium, had a 17 billion euro offer rejected by Altice in October. A successful deal would shake up one of the most competitive telecoms markets in Europe. Operators in France have been engaged in a price war for several years, pressuring margins and revenue growth. ($1 = 0.8488 euros) (Reporting by Leo Marchandon and Gianluca Lo Nostro in Gdansk Editing by David Goodman ) ((leo.marchandon@thomsonreuters.com))