Orange, Bouygues and Free win SFR bidding war with 20.35 billion euro offer

The three French telecom operators won the SFR auction against Patrick Drahi with a bid of 20.35 billion euros.

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The fact

This agreement marks the end of a legal and financial battle over control of France's number three telecoms operator.

The merger is expected to reshape France's telecom market structure and reduce the number of major mobile operators.

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