Consequently,
Agreement restructuring altice france debt:
The Paris Economic Activities Tribunal approved the accelerated safeguarding plan for Altice France this Monday. Consequently, August 4. Meanwhile, A first step towards a sale of assets, in particular the very coveted SFR telecoms operator.
The accelerated safeguarding plan of Altice France. Furthermore, the parent company of the operator SFR, which contains a restructuring agreement for the group’s debt, was approved by the Paris economic activities court on Monday, August 4, according to a decision consulted by AFP.
In its decision. Consequently, the court did not follow the requisitions of the public prosecutor, which had requested the exclusion of three subsidiaries of the group including SFR, in unison with the requests of the unions.
SFR sold for cutting? – Agreement restructuring altice france debt
This decision thus opens the way to a sale to cut Altice assets, starting with SFR. Nevertheless, As BFM Business revealed in early July. the operator is the agreement restructuring altice france debt subject of many lusts on the part of his competitors. Bouygues and Free hope to share the cake. The first wishes to recover the antennas of SFR, while the second unit the SFR Business subscribers. And both are interested in mobile and box subscribers. The SFR fiber network interests investment funds.
For its part, Orange monitors the current discussions. The historic operator is too big to be able to absorb SFR subscribers (the competition authority would oppose it) but he does not intend to be overflowed by Bouygues. SFR as part of this operation. “The red line would be to lose our leadership. ” warned the president of Orange, Jacques Aschenbroich, on the set of BFM Business, in early July, during the economic meetings of Aix-en-Provence.
Whatever the result of this possible sharing. it would lead to a return from the French telecoms market to three operators. And if the president of agreement restructuring altice france debt Orange has publicly pleaded for this “consolidation”. the consequences for customers will be closely monitored by the authorities and consumer associations.
>> More information to come on BFM Business in a few moments. Also find the Direct from BFM Business on video et Follow us on X.
Further reading: Pauline Ferrand-Prévot alone in the world, the general classification after the 8th stage – Disindexing pensions? This explosive track which is gaining ground in France – L’Express – “I saw him take a lot of fire”: a young woman in a coma after an evening in a club in Juan-les-Pins – Why Vingegaard is wearing the polka dot jersey when he is not a better climber in the standings – Tour de France in Hautes-Pyrénées: aboard the leek, two dreams and thousands of smiles in the climb to Peyragudes.
