Bouygues Prepared to Wait on Altice France Assets
After the rejection of a €17 billion joint offer for SFR by a consortium of French telecom companies, Bouygues Group remains optimistic that it can eventually persuade Altice, SFR’s parent company, to reconsider its decision.
“The detail is very good. Better than we get internally.” – GM, Vodafone OpCo
The move highlights Bouygues’ strategic patience in France’s competitive telecom market as it seeks new opportunities to expand its influence and assets.
Author’s Summary
Bouygues intends to bide its time in hopes Altice reconsiders selling SFR, showing a calculated and patient investment strategy.