Bouygues Telecom signs agreement in principle to acquire SFR

Bouygues Telecom has reached a significant development milestone by signing an agreement in principle to acquire SFR, another major French telecommunications operator. The agreement, dated June 6, 2026, is a key component of an ongoing consolidation in the French telecom sector and is expected to substantially bolster Bouygues Telecom's market standing.

As part of this wider arrangement, Free-Groupe iliad and Orange have also entered into similar preliminary agreements with Altice France. These parallel agreements establish a framework for further negotiations and the eventual completion of the transaction. The strategic imperative behind this move is to secure long-term growth and competitiveness for Bouygues Telecom in a rapidly evolving market.

In parallel, the press release also highlighted other business activities. Bouygues Construction and Equans have secured a contract for the construction of a solar power plant in Australia. Additionally, Colas has announced several significant contract wins, including a tramway project alliance in Helsinki and the acquisition of Frauenrath's road construction and recycling activities in Germany. These diverse achievements showcase the group's expansive reach and ongoing expansion.

The Bouygues Group also released its annual results for 2025 earlier in the year, outlining the overall performance of its various business units. Specific financial details and the definitive terms of the SFR acquisition will be disclosed as negotiations progress and regulatory approvals are obtained.