US EditionSfr: the Operator Will Soon Be Sold After the Agreement on the Debt of Altice France?
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On Monday, August 4th, justice validated SFR's backup plan for Altice, SFR's parent company. In the wake of some of its debts, the telecom operator is becoming attractive to its competitors Bouygues, Orange and Free, who are lurking on its 25 million subscribers. Patrick Drahi, president of the group, swears that he is not a salesman, without convincing the unions.
The financial soap opera around Altice France, SFR's parent company, reached a decisive turning point this Monday, August 4. The Paris economics court has validated the group's debt restructuring plan, offering Patrick Drahi and his teams a welcome stay. But behind this judicial success lies [...]
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