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General

Altice to sell Outremer for Numericable-SFR merger - report

Monday 29 September 2014 | 14:07 CET | News
French cable operator Numericable's parent company, Altice, is preparing to sell its 77 percent stake in fixed and mobile service operator Outremer Telecom as part of its takeover of SFR, a person close to the matter told AFP. The French competition authority is due to announce its position on the merger between Numericable and SFR at the end of October. Altice-Numericable "will make the commitment to sell Outremer Telecom and discusions are underway," according to the person, who did not identify a potential buyer. A combined SFR Numericable would dominate the markets of Reunion and Mayotte.

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Categories: General
Companies: Altice Europe / Numericable / Outremer Telecom / SFR / SRR
Countries: Caribbean / France / Mayotte / Reunion
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