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Wireless

Altice France to gain 50% stake in Reglo Mobile through acquisition of MVNO Afone

Tuesday 18 May 2021 | 15:47 CET | News
Altice France announced an agreement to acquire MVNO Afone Participations, through which the Altice subsidiary will own a 50 percent stake in Reglo Mobile. The latter is a consumer brand distributed across the retail footprint of hypermarket E.Leclerc, which holds the remaining 50 percent stake. It has an MVNO agreement with Altice subsidiary SFR, and will maintain its presence across E.Lecler's retail channels as part of the deal.

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Categories: Mobile & Wireless
Companies: Afone / Altice France / Reglo Mobile
Countries: France
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