February 16, 2016 / 7:16 AM / 15 days ago

Altice Europe's SFR FTTH arm to buy French company Covage for 1 bln euros

PARIS, Nov 25 (Reuters) - Telecoms and cable company Altice Europe said on Monday that its SFR FTTH unit had agreed to buy French fibre wholesale operator Covage for around 1 billion euros ($1.1 billion).

Altice Europe said the deal would result in SFR FTTH and Covage massively deploying fibre networks over the next three to four years.

$1 = 0.9073 euros Reporting by Sudip Kar-Gupta; Editing by Tom Hogue

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below