0
General

SFR completes acquisition of Altice Media France

Thursday 26 May 2016 | 22:25 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
French mobile and broadband operator SFR has completed the acquisition of Altice Media France from their common holding company Altice. When the operation was announced at the end of April, SFR said the transaction valued Altice Media France at EUR 241 million, or 4.5 times adjusted EBITDA. SFR was due to pay for the operation with its cash reserves and EUR 100 million of vendor financing from Altice.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Altice Europe / SFR
Countries: France
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

SFR to focus recovery on media-telecoms convergence – report

Published 22 Sep 2016 10:36 CET | France
SFR CEO Michel Paulin is expected to present a recovery plan to employees on 22 September centred on the operator's ...

Inquiry could lead to fine over SFR takeover - report

Published 14 Sep 2016 13:17 CET | France
An inquiry by France's competition authority has reportedly found that Numericable and SFR did not comply with regulations in the ...

Altice offers to buy rest of SFR in share swap

Published 05 Sep 2016 10:58 CET | France
Altice has proposed buying out the remaining 22.25 percent of French operator it does not yet own. The company is offering eight ...

SFR Media names Courvoisier as director

Published 24 Aug 2016 11:26 CET | France
SFR announced the appointment of Clement Courvoisier as the director of digital activities at its media division. Starting on 19 ...

Altice maintains outlook as revenue slide continues

Published 09 Aug 2016 08:41 CET | World
Altice reported a continued slide in revenues in the second quarter, driven by weakness at SFR in France. Total revenues fell 2.6 ...

SFR to buy 49% of NextRadioTV for EUR 370 mln

Published 27 Apr 2016 11:07 CET | France
French mobile and broadband operator Numericable-SFR has announced plans to buy parent company Altice's 49 percent stake in media ...

Altice to sell press, TV assets to SFR - report

Published 25 Apr 2016 10:43 CET | France
Altice chairman Patrick Drahi is merging daily newspaper Liberation, weekly magazine L'Express and other press and TV assets he ...

Altice, Weill buy 95 percent of NextRadioTV

Published 03 Feb 2016 09:25 CET | France
News Participation, a 51/49 joint venture between Altice and Alain Weill, has bought 95.47 percent of NextRadioTV's stock, ...





Calendar   /   Industry Events

26 Oct CCW Europe 2020
27 Oct Akamai Technologies Q3 2020
27 Oct Microsoft fiscal Q1
27 Oct Megacable Q3 2020
27 Oct Bharti Airtel fiscal Q2
27 Oct A10 Networks Q3 2020
27 Oct Juniper Networks Q3 2020
27 Oct Siminn Q3 2020
27 Oct Sequans Communications Q3 2020
27 Oct Telefonica Brasil Q3 2020
27 Oct GSMA Thrive North America
28 Oct Belden Q3 2020
28 Oct ZTE Q3 2020
28 Oct 8x8 fiscal Q2
28 Oct Extreme Networks fiscal Q1
28 Oct KPN Q3 2020
28 Oct Ooredoo Q3 2020
28 Oct Telefonica Deutschland Q3 2020
28 Oct Equinix Q3 2020
28 Oct Cognizant Q3 2020
28 Oct Telecoms World Asia 2020
29 Oct Swisscom Q3 2020
29 Oct Hrvatski Telekom Q3 2020
29 Oct Poly fiscal Q2
29 Oct Orange Q3 2020
29 Oct Nokia Q3 2020
29 Oct BT fiscal Q2
29 Oct Twitter Q3 2020
29 Oct Altice USA Q3 2020
29 Oct Motorola Solutions Q3 2020
::: More Calendar Items