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Competition approves Iliad acquisition in Reunion, Mayotte

Wednesday 21 October 2015 | 10:01 CET | News
The French Competition Authority has approved Free parent company Iliad's acquisition of 50 percent of Telecom Reunion Mayotte from Madagascar diversified group Hiridjee. Telecom Reunion Mayotte, previously Outremer Telecom, will be jointly controlled by Iliad and Hiridjee. In June the authority approved Hiridjee's acquisition of the mobile operations in Reunion and Mayotte that Altice had agreed to sell as a condition for Numericable's acquisition of SFR. The operations were purchased by Hiridjee through its subisidary Telecom Reunion Mayotte. The regulator said the transaction allows Iliad

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Categories: Mobile & Wireless
Companies: Altice Europe / Hiridjee / Iliad / Outremer Telecom
Countries: France / Mayotte / Reunion
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