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Iliad: exchanges with Altice Europe on the menu?

(CercleFinance.com) - The "sea serpent" formed by the consolidation of the French telecom sector seems as though it will continue in 2019.


According to the weekly magazine Challenges, the chairman of Altice USA, the US arm of Altice, whose main asset is SFR, and the operational boss of Iliad, holder of the alternative operator Free, had lunch together in Paris yesterday.

Thus, according to the weekly magazine, the CEO of Altice USA, Dexter Goei, and his counterpart at Iiliad, Thomas Reynaud, were seen yesterday (Thursday) at the same table of a restaurant in the 8th district of Paris (even though the “menu” of their exchanges was not provided.

Challenges writes that this discussion between the men entrusted by the owners of both groups is far from trivial and it stimulates speculation that the number of telecom operators in the French market could be reduced from four to three...

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