Bouygues, Orange, and Free have struck an agreement worth €20.35 billion to acquire SFR's assets in France.
An agreement was announced over the weekend, following months of negotiations over a deal that will see Altice's mobile unit SFR split between the three telcos.
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Altice previously extended the exclusivity period granted to Bouygues Telecom, the Free–Iliad Group, and Orange for its mobile unit SFR.
The trio put forward an offer of €20.35 billion ($23.66bn) to snap up SFR in April, which was an improvement on the previous one put forward to Altice Group in October, when Altice owner Patrick Drahi immediately rejected a €17bn ($19.8bn) offer from the consortium.
