Bouygues Telecom consortium agrees to buy Patrick Drahi’s SFR for €20.35bn

A Bouygues-led consortium, which includes Orange and Free-Iliad, has signed an agreement to acquire SFR from Altice France for €20.35 billion, approximately $23.44 billion. The deal now faces a showdown with antitrust regulators located in Paris and Brussels. This acquisition represents a significant move within the telecommunications sector, as the consortium seeks regulatory approval to finalize the purchase of the network operator from Altice France under the agreed financial terms.