FRANCE / SFR buys 49% of NextRadioTV

  • 6 May 2016

  • 6 May 2016

Patrick-Drahi-le-sauveur-mystere-de-Liberation
On April 27th, after days of rumour, a subsidiary of Patrick Drahi’s Altice group, SFR, and NextRadioTV unveiled a global convergence plan.
SFR will buy Altice’s minority stake (49%) in NextRadioTV for an agreed €370 million. The telecommunications group is also negotiating the acquisition of Altice Media Group France, another of Altice’s subsidiaries, which includes several press titles plus the Israeli 24-hour news channel, i24 News.
SFR has announced the launch this summer of a bouquet of pay sports channels, SFR Sport, which will be offered initially to SFR subscribers and later to customers of other operators.
Sources : Telecompaper, Satellifax

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