A few months ago, the Altice group * was going through a storm . Four years after acquiring SFR, the multinational had to answer the doubts of its investors, in particular by a internal restructuring following the loss of 50% of its market value. According to Bloomberg , Bouygues group would like to take advantage of the “weakness” of Altice to seize him. The French company would seek a partner with whom to ally to buy the group of Patrick Drahi.
Become the number 1 operator
By taking over Altice, Bouygues was mainly interested in an asset: SFR. If the two operators were to merge, they would dethrone Orange of its status as the leading operator in France, and create a giant telecom giant. Of course, Bouygues should first face the competition authorities to make such an investment, and would not be sure to make it happen, even if Altice agreed in principle.
According to Bloomberg, Bouygues has begun discussions with investment funds like CVC Capital Partners to think about an offer on Altice. In a statement, the group refutes weakly: “Bouygues regularly studies the various hypotheses of changes in the telecoms sector; but to date there is no discussion with any other operator and no warrant has been issued to any council whatsoever. ” . Towards the beginning of a new serial, or a simple episode without follow-up, as often, in the telecom world?
* 01net.com is published by a subsidiary of NextRadioTV, which itself owns 49% of SFR Médias (Altice).