Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Politics › Billionaire Drahi Strikes €20 Billion Deal to Sell France’s SFR
Politics

Billionaire Drahi Strikes €20 Billion Deal to Sell France’s SFR

Billionaire Drahi Strikes €20 Billion Deal to Sell France’s SFR
Bloomberg Markets Monday 08 June 2026, 07:54 UTC By Benoit Berthelot, Giulia Morpurgo, Paula Doenecke 1 min read
Key Points

A SFR mobile phone and telecom store, operated by Altice France SA, in Paris, France, on Wednesday, Oct. 15, 2025. A consortium of French telecom carriers — Bouygues Telecom, Iliad SA and Orange SA — made a €17 billion offer to buy their rival SFR from billionaire Patrick Drahi’s Altice France.

A SFR mobile phone and telecom store, operated by Altice France SA, in Paris, France, on Wednesday, Oct. 15, 2025. A consortium of French telecom carriers — Bouygues Telecom, Iliad SA and Orange SA — made a €17 billion offer to buy their rival SFR from billionaire Patrick Drahi’s Altice France.
Drahi Strikes (PERSON) France (LOCATION) SFR A SFR mobile (ORG) Altice France SA (ORG) Paris (LOCATION) French (ORG) Bouygues Telecom (ORG) Iliad SA (ORG) Orange SA (ORG) SFR (ORG) Patrick Drahi’s (PERSON) Altice France (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

Country star John Rich joins Trump administration advocating for landowners' rights

John Rich is taking on a prestigious role within President Donald Trump's administration. On Monday, the country star took to social media to announce his latest endeavor. "President Trump has afforded me the great honor to serve in his administration as the 'Special Envoy for American Landowners,'" he wrote on X. "In this role, I look forward to representing and advocating for landowners’ rights against any entity that chooses to harass or intimidate them in an effort to achieve goals...

Fox News 16m ago

Bisignano says Social Security Administration's phone helpline wait times have reached a record low

Social Security Administration Commissioner Frank Bisignano told Congress on Wednesday that the agency has improved one legacy pain point for individuals who contact it — long phone wait times for the toll-free helpline. SSA has brought the average "speed of answer," or the time it takes for an agent to answer an incoming call, to the "lowest level in a decade," Bisignano said in written testimony to the House Ways and Means Social Security and Work & Welfare subcommittee hearing. In May,...

CNBC 22m ago

First home buyers left scrambling as stamp duty exemption ends

Tasmania's first home buyer stamp duty exemption is ending, leaving some scrambling to settle before June 30 Thu 11 Jun 2026 at 7:16am In short: Tasmania's free stamp duty scheme for first home buyers comes to an end this month, but some Tasmanians are being caught in an anxious wait to meet the cut-off. Heith Mineur is grappling with a months-long, drawn-out process to purchase his first home with the government's shared equity scheme and worries he will have to pay $25,000 in stamp duty if...

ABC Australia 27m ago

The limits of self-funding: From the Politics Desk

Welcome to From the Politics Desk, a daily newsletter that brings you the NBC News Politics team’s latest reporting and analysis from the White House, Capitol Hill and the campaign trail. In today’s edition, Ben Kamisar takes stock of the half-billion dollars Tom Steyer has spent over the course of two unsuccessful bids for office. Plus, Andrea Mitchell digs into the latest back-and-forth between the U.S. and Iran.

NBC News 32m ago