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A French telecom consortium is negotiating to buy SFR for up to €20 billion, but no deal is finalized.
A consortium of Bouygues Telecom, Free, and Orange is negotiating to acquire SFR, with due diligence ongoing since early January 2026, but no final deal has been reached.
The group may raise its offer to €20 billion, up from €17 billion, to meet Altice’s expectations.
Analysts note the proposed valuation is high relative to asset quality and recent deals, though potential benefits could emerge over three to four years.
The transaction remains uncertain.
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Un consorcio francés de telecomunicaciones está negociando para comprar SFR por hasta 20 mil millones de euros, pero no se ha finalizado ningún acuerdo.