Altice France extends asset negotiations with Bouygues Telecom, Free, and Orange
Altice France has announced an extension, until June 5, 2026, of the exclusivity period granted to the consortium comprising Bouygues Telecom, Free-Iliad Group, and Orange regarding discussions for certain assets.
Originally scheduled to run until May 15, 2026, the exclusivity period has been extended to allow for the continuation of discussions between the parties, which have been described as 'constructive'.
Altice France noted, however, that no definitive agreement has been reached at this stage and there is no guarantee regarding the outcome of the negotiations.
On April 17, the three operators indicated they had submitted a new bid valuing the assets in question at a total enterprise value of 20.35 billion euros.
Bouygues SA is a diversified services group organized around four sectors of activity:
- construction (48.7% of net sales): construction and maintenance of transportation, leisure, and urban development infrastructures (57.2% of net sales; Colas; No. 1 worldwide for roads), building and public works activities concerning networks, electrical and thermal engineering, and facility maintenance (37.9%; Bouygues Construction), and real estate development (4.9%; Bouygues Immobilier);
- multi-technical services (32.7%; Equans);
- telecommunication (14.2%; Bouygues Telecom): mobile telephony, fixed telephony, Internet access, etc.;
- media (4%; TF1) ;
- other (0.4%).
Net sales are distributed geographically as follows: France (49.8%), European Union (14.6%), Europe (14.1%), North America (12.1%), Asia-Pacific (5.2%), Africa (2.9%), Central and South America (1%), and Middle East (0.3%).
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