Altice France operator SFR has continued to lose subscribers in the third quarter, leading it to post declining revenues and earnings. Telecom revenue declined by 2.9% year over year and total revenue declined by 2.8% year over year in Q3 2023. Total EBITDA declined by 5.4% year over year in Q3 2023. Total revenue for […]
Altice France, the Patrick Drahi-owned telecom operator and media outfit struggling under a mountain of debt, has struck a deal with Morgan Stanley Infrastructure Partners for the sale of its data centre business in France. Altice France and Morgan Stanley Infrastructure Partners will create what the pair describe as the first nationwide independent distributed colocation […]
Altice France-owned operator SFR is to bundle its gateway box with the Meta Quest 3 virtual reality headset as a fixed-line subscription offering as part of its ongoing ‘Box + High Tech’ strategy of bundling boxes with consumer electronics hardware. SFR has timed the offer to coincide with the launch of Meta’s new VR headset […]
Altice boss Patrick Drahi is reportedly looking at a range of options to reduce his company’s debit pile, including the partial sale of Altice France, operator of SFR, a move that was until recently considered to be off the table. According to financial daily Les Echos, citing unnamed sources, Altice has tapped banks Lazard and […]
Troubled telecom and cable giant Altice is close to a sale of its data centre unit and may make further disposals including the hitherto ruled-out sale of part of French telco SFR, according to multiple reports. According to Reuters, Altice has called in a number of investment banks including Lazard, BNP Paribas, Morgan Stanley and […]
Altice-owned French service provider SFR has launched a box offering bundled with a tablet for the first time. Using the sub-brand Box + High Tech, SFR is offers s fixed-line subscription linked with a Samsung Galaxy Tab A8 tablet. The operator describes the offering as unique in allowing consumers to acquire the equipment at minimal […]
Patrick Drahi’s Altice France is looking at multiple options for the sale of assets as part of a drive to reduce the company’s debt pile. The choices on the table include the sale of the company’s data centres – the most advanced option – and other options which may be pursued in parallel, company executive […]
NBCUniversal International Networks & Direct-to-Consumer has launched 24-hour kids and family channel DreamWorks for the first time in France on SFR, with content available on linear and on-demand. The launch follows 2022 launches in Mexico, Chile and Brazil. DreamWorks also recently launched the channel with operators in Africa, Australia and India, while extending its reach […]
Altice France CEO Grégory Rabuel is leaving the company and will be replaced by Altice Média chief Arthur Dreyfuss. The management change, which was communicated in a note to employees, will also see Mathieu Cocq, until now executive director for Altice’s overseas operations SFR Caraïbe and SRR, will become chief executive of service provider arm […]
Orange’s French competitors have expressed dismay over the country’s leading telco’s plan to shut down its copper network. In submissions to a consultation organised by telecom regulator ARCEP, the telcos cited lack of transparency and lack of ambition as their principal concerns. Orange has submitted a plan that would see it stop offering xDSL in […]
