Summary
- Mayer Brown has advised Altice France on a significant memorandum of understanding signed on June 6, 2026, regarding the sale of SFR to Bouygues Telecom, Free-Groupe Iliad, and Orange.
- The proposed transaction values Altice France's assets at €20.35 billion and represents one of the largest industrial deals in Europe's telecommunications sector.
- This acquisition involves a consortium that will gradually allocate SFR assets among its members and includes a transition period for operational continuity.
- Completion hinges on conditions such as employee consultations and necessary regulatory approvals, particularly for merger control.
Join the discussion — sign up to comment, upvote, and save articles.