Free : Iliad Triples Its Profits and Confirms Talks on Sfr
5 Articles
5 Articles
Free's parent company, Iliad Group, has almost tripled its semi-annual net profit, reaching 700 million euros. Xavier Niel's group also confirms preliminary discussions on Altice France, without any offer being at this stage on the table.
Thomas Reynaud, the managing director of Iliad (Free's mother house), confirmed that Free has started discussions about the purchase of SFR. But these are "very preliminary", according to his sayings. Discussions with Free for the purchase of SFR "If the consolidation ... Read more Like KultureGeek on Facebook, and follow us on Twitter Don't forget to download our free iAddict app for iPhone and iPad (link App Store) Read more Repurchase of SFR:…
In view of the various information revealed about the possible sale of SFR and a consolidation of the market, Free explains that it has indeed exchanged with telecom players in recent months. For a few months now, a question has been burning on the lips of all telecom specialists: Will SFR be sold, leading to a return [...] The article Back to three operators: Free confirms having had discussions on the subject recently was published on Universe…
In great financial difficulty, Altice France, SFR's parent company, is exploring solutions to alleviate its colossal debt. And among the scenarios envisaged, a possible takeover by Iliad, owner of Free, is beginning to take on thickness!
The managing director of the Iliad group, the parent company of Free, said that he had conducted "very preliminary discussions" in June about a possible sale of Altice France, owner of the SFR operator.
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