France’s third-largest carrier, Bouygues Télécom, may merge with larger rival SFR

Altice SA is a multi-national telecommunications giant based out of Luxembourg. It operates a number of mobile and cable brands throughout Europe. In France, it is majority owner of the second largest mobile carrier, SFR with over 20 million subscribers.

A conglomerate by the name of Bouygues, with roughly the same asset portfolio as Altice, is majority owner of France’s third largest carrier, Bouygues Télécom, with about 11 million subscribers.

Patrick Drahi, CEO of Altice has proposed buying Bouygues Télécom for about €10 billion, merging the two companies and creating a carrier ...

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