SFR breakup agreed by Bouygues Telecom, Orange, and Iliad
Bouygues Telecom, Orange, and Iliad have agreed a deal to split SFR in France, according to RCR Wireless News on June 8, 2026.
TL;DR
- Bouygues Telecom, Orange, and Iliad have agreed to divide SFR, described as France’s second-largest operator.
- RCR Wireless News said the transaction is valued at about €20 billion.
- The buyers said the deal would increase scale, investment capacity, and support French sovereignty goals.
- The transaction still requires regulatory approval in France.
SFR is France’s second-largest telecom operator, and the proposed transaction would break up its assets among Bouygues Telecom, Orange, and Iliad. RCR Wireless News reported the deal on June 8, 2026 and said the transaction value is about €20 billion.
Bouygues Telecom, Orange, and Iliad are all telecom operators in France. The companies presented the SFR split as a way to increase commercial scale and investment capacity in the French telecom market.
The companies also linked the transaction to sovereignty objectives in France. The proposed breakup of SFR is not complete and remains subject to regulatory approval.
Related questions
- Which companies have agreed to split SFR in France?
- How much is the proposed SFR transaction worth?
- Why do Bouygues Telecom, Orange, and Iliad support the SFR breakup?
- What approvals are still required for the SFR deal?
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