Reported 16 days ago
Altice France has rejected a €17 billion bid from Bouygues Telecom, Iliad's Free, and Orange to acquire a majority of its assets, dashing hopes for consolidation in the French telecom market. Despite the rejection, the three telecom operators remain confident in their proposal, emphasizing its potential benefits for the market and stakeholders. The government's commitment to monitor the impact on consumer prices and service quality further complicates the situation, as they have a vested interest in Orange.
Source: YAHOO