French telecom giants reach deal to buy ailing rival SFR
This photograph shows a logo of French telecommunications operator SFR in Paris on June 16, 2025.(AFP)
Three French telecoms giants said on June 6 they had signed a deal to buy rival SFR after months of negotiations for a takeover of the ailing firm.
The companies — Bouygues Telecom, Orange and Free owner Iliad — said SFR parent Altice had accepted their offer of 20.35 billion euros ($23.4 billion) for the struggling mobile operator.
The deal could reshape the French telecoms landscape by reducing the number of main operators from four to three.
