Bouygues, Iliad, and Orange Propose $19.7 Billion Offer for Altice France Assets
The deal would reshape France’s telecom landscape if approved by regulators.
Telecom giants Bouygues, Iliad, and Orange have jointly submitted a $19.7 billion bid to acquire most of Altice France’s assets, in what could become one of the country’s largest telecom takeovers.
The proposed deal aims to stabilize France’s competitive mobile and broadband market while addressing Altice’s heavy debt load.
Regulatory authorities are expected to closely scrutinize the offer for potential antitrust concerns.