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Orange has taken note of Altice's decision to reject the non-binding joint offer from Bouygues Telecom, Orange, and Free-Groupe iliad, according to a GlobeNewswire release https://www.globenewswire.com/news-release/2025/10/14/3166601/0/en/Bouygues-Telecom-Free-iliad-Group-and-Orange-submit-a-joint-non-binding-offer-to-acquire-a-large-part-of-Altice-s-activities-in-France.html. Orange is a leading telecommunications operator with a global presence in 26 countries and a market value of €40.3 billion in 2024. The company has presented its strategic plan "Lead the Future" to strengthen its position in the telecommunications market.

Paris, September 12, 2025 - Orange, a leading telecommunications operator with a global presence in 26 countries and a market value of €40.3 billion in 2024, has taken note of Altice's decision to reject the non-binding joint offer from Bouygues Telecom, Orange, and Free-Groupe iliad. In response to this development, Orange has presented its strategic plan "Lead the Future" to strengthen its position in the telecommunications market.

The joint offer, submitted on October 14, 2025, aimed to acquire a large part of Altice's activities in France, including most of SFR's assets. However, Altice has declined the offer, citing concerns over the terms and conditions of the proposed acquisition. The offer, valued at €17 billion for the targeted assets, was meant to enhance investments in superfast network resilience, cybersecurity, and new technologies such as artificial intelligence, as detailed in the GlobeNewswire release referenced above.

Following Altice's rejection, Orange has emphasized its commitment to its strategic plan "Lead the Future." This plan focuses on digital transformation, innovation, and sustainable growth. The company aims to lead the future of telecommunications by leveraging its global presence and technological advancements. Orange's strategic plan includes investments in 5G networks, artificial intelligence, and cybersecurity, aligning with the objectives of the joint offer as described in the GlobeNewswire release.

The rejection of the joint offer has sparked discussions about the future of the French telecommunications market. While consolidation could support digitization and infrastructure upgrades, anti-competition concerns have been raised. Orange, with its extensive global reach and market presence, remains a key player in the market. The company's strategic plan "Lead the Future" is positioned to capitalize on these opportunities, even in the absence of the proposed acquisition.

References

Bouygues Telecom, Free-iliad Group and Orange submit a joint non-binding offer to acquire a large part of Altice's activities in France — https://www.globenewswire.com/news-release/2025/10/14/3166601/0/en/Bouygues-Telecom-Free-iliad-Group-and-Orange-submit-a-joint-non-binding-offer-to-acquire-a-large-part-of-Altice-s-activities-in-France.html