
In the next few months, 62 Numericable stores will disappear. Six of them will be rebranded as SFR and the others will be shut down. Some 235 employees will be transferred to SFR stores. At the time of the acquisition Altice chairman Patrick Drahi made a commitment to maintain jobs for three years. The project will be introduced to sales team on 9 November and negotiations will start the following day with the intention of reaching agreement by the the end of the month.
If the stores, products and services will be united under the SFR brand, the group's online-offers with no contract commitment will be sold under the single brand ‘Red’. The Virgin Mobile brand will be phased out as customers on fixed-term plans are migrated to SFR and those without contacts are migrated to Red. All of the group’s online-only business will be regrouped under the Omea Telecom subsidiary. Management aims for Red to have more customers than its main rival, Orange's Sosh, by 2017.