In a strategic twist for the VoIP sector, Altice has rebuffed a bold €17 billion bid from telecom giants Bouygues, Iliad, and Orange to acquire SFR assets. This move highlights the ongoing competitive dynamics in the VoIP market, emphasizing Altice’s valuation expectations while sparking discussions on potential regulatory implications within the telecom industry.
Altice is exploring options to exit its stake in SFR amid ongoing debt restructuring, with potential valuations of €30 billion. Leading telecom players like Bouygues Telecom, Iliad, and Orange are expressing interest, alongside Middle Eastern operators and private equity firms.
In a significant move aimed at reducing its hefty debt, Altice has decided to offload its French media operations to the maritime giant CMA CGM for €1.55 billion. The deal, structured as a cash transaction, sees CMA CGM acquiring an 80% share, while the remaining 20% goes to Merit France, a holding company related to the shipping group. This strategic sale encompasses Altice Media, the parent company of the well-regarded news channel BFM and RMC, a radio broadcaster.
Altice Group strategically eyes shedding its 50.1% sharing in XpFibre, triggering a ripple of interest from major players like KKR & Co., Macquarie Group, and others. While KKR & Co, Macquarie Group, and CDPQ are all reported to be keen on acquiring the stake, no financial bids have surfaced to date. Meanwhile, Altice Group’s decision to divest isn’t surprising, given its $60 billion debt, and recent considerations to sell other assets.
In an agreement with Altice Europe, Vodafone Group will roll out Fiber-to-the-Home in Germany as part of a €7 billion investment in its largest market. This collaboration complements Vodafone’s well-defined objectives for upgrading its current hybrid fiber cable network. According to a statement released by the two corporations on Monday, FibreCo, a 50/50 fiber partnership between Vodafone and Altice, will deploy fiber optic lines to as many as 7 million residences in Germany. Approximately 70% of the cost will be covered by debt raised by the new company. The transaction is scheduled to be completed in the first half of 2023. The transaction is thought to yield Vodafone up to €1.2 billion in cash proceeds from Altice, which is projected to exceed Vodafone’s portion of stock commitments. The profits include €120 million upon closure, up to €487 million in deferred payments as additional homes are connected, and another…
Explore the dynamic evolution within the Orange ecosystem, particularly the strategic shifts involving MásOrange ownership and Altice France. As key players redefine telecommunications through advanced technologies like 5G and open RAN, the focus remains on market resilience. Stay updated as pivotal regions like France shape future VoIP innovations.
Vodafone and Nokia test 100G PON tech Nokia’s new technology has been tested for the first time by Vodafone in Germany. The prototype used a single 25G laser and DSP technology developed at Nokia Bell Labs to create the single wavelength 100G PON transmission. Gavin Young, Head of Vodafone’s Fixed Access Center of Excellence, said the 100G PON is 40 times the capacity of today’s GPON networks and 10 times the capacity of the XGS-GPON. The 100G PON enables flexible tariffs and operates by grouping modems using a methodology similar to that already used in cable networks, suggesting that this cable network experience can help to better evaluate and take advantage of the new PON technology. Read more: https://tinyurl.com/xpai96uz Spectrum Enterprise leverages Cisco Meraki’s cloud platform Spectrum Enterprise is leveraging a new managed network solution based on Cisco’s Meraki cloud platform. Spectrum Enterprise’s Managed Network Edge (MNE) was designed to…
Telefonica launches Tech and Infra units amid Latam spin-off Spain’s telecom giant Telefonica has announced a major organisational restructuring after a meeting of its board of directors. The company’s chairman and CEO Jose Maria Alvarez-Pallete has introduced a new bold strategy to spin off company assets and prepare for industry 4.0. With its 5-point plan, Telefonica aims to generate more than EUR 2 billion a year in additional revenues from 2022, by prioritising its four key markets of Spain, Brazil, the UK and Germany and carrying out an “operational spin-off” of its Latin American business. The company will also set up a subsidiary for its cloud, cybersecurity and IoT businesses called Telefonica Tech and another for its infrastructure assets, Telefonica Infra. Read more at: https://tinyurl.com/wjkobwc AT&T and Microsoft launch edge computing network Microsoft and AT&T have integrated 5G with Azure to launch their new Network Edge Compute (NEC) service for…
