News Summary:
On September 24, 2026, employees at French mobile carrier SFR initiated a strike, with an estimated 2,660 to 3,500 workers participating across various sites, including Altice France's Paris headquarters. Unions called the industrial action to protest the company's proposed break-up and the lack of employment guarantees associated with the planned takeover of SFR's assets. This follows the announced agreement worth €20.35 billion ($23.2bn) for Bouygues, Orange, and Free to acquire SFR's assets in France, which workers fear could lead to thousands of job losses. Previously, Altice France, SFR's parent company, reported a quarter of declining revenue and EBITDA for the three months to June 2026, reflecting customer losses across its fixed and mobile operations. Its mobile base fell by just over 1 percent year-on-year to 19.1 million, driven by net losses of 161,000 and 165,000 in the second and first quarters, respectively. Earlier, on July 3, 2026, it was reported that Bouygues Telecom S.A. signed a memorandum of understanding with Altice France on June 6, 2026, to acquire some of its assets, with Orange and Free-Iliad group also planning similar acquisitions.
Subscribe for full access to SFR's products in full detail 
