SFR sale: Free confirms discussions with Altice

Remember, only a few weeks ago, the Paris court, had sort of calmed the situation between Altice and SFR. The parent company had received approval for a restructuring plan Reducing its debt from 24.1 to 15.5 billion euros.

Faced with a heavy debt due to acquisitions and investments, as well as a leak of subscribers and a drop in revenue, it was one of the main appeals to keep the business alive. However, SFR’s fate is still uncertain and the group could be bought by Free.

SFR bought by Free?

We are talking more and more aboutA three operators’ system In France: Orange, Bouygues Telecom and Free. SFR, for its part, being too weak to survive without help, would be bought by one of its competitors and it is Free which seems to be all designated.

Not to mention the takeover for the moment, the director general of the Iliad group, Mother house of Free, confessed to having been approached closely by Altice. Thomas Reynaud speaks of “preliminary discussions”Started since June. Questioned by Frandroid Subsequently, he admitted to being quite enthusiastic: “If it is to make the industry grow, we go there”, He explains, referring to the consolidation of the telecom market.

Regarding Bouygues Telecom and Orange, they did not communicate, but could also fight to have their share. For the moment we know that Bouygues seeks to acquire the antennas of SFR and its mobile and box customers. Free targets professional subscribers, while also eyeing mobile and box customers. Investment funds are interested in the network of fiber optics. Orange, limited by competition issues, should have a limited role.

What will happen for SFR customers?

If you are SFR customer and you are worried about losing your subscriptionsyou are surely wondering what will happen for you. Unfortunately, for the moment, the acquisition is only a hypothetical scenario, although probable.

It is possible that the more than 20 million mobile and internet customers are simply transferred to another operator, with their contract. The offers and prices could remain similar to avoid a massive loss of subscribers. However, adjustments could take place in the medium term, according to French regulations and there, customers will have the choice to terminate their subscription.

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