SFR announces a partnership with Vodafone: “the price war will continue”

by bold-lichterman

“The indebtedness of the new group therefore seems appropriate to me, and without consequences on the investment” declares the number 1 of SFR.

“We will unveil in the coming days a very extensive partnership with Vodafone which will cover many points” declared Jean-Yves Charlier, President of SFR, in an interview with the newspaper Le Figaro. Without revealing more, he specifies that the customers of the operator with the red square will be able in particular to access the network of the Briton “everywhere in the world”.

While Numericable and Altice, its parent company, will embark on a loan of 10 billion euros on the markets to finance the acquisition of SFR [en savoir plus : Altice et Numericable vont s’endetter de 10 milliards d’euros pour racheter SFR : pourquoi l’opération est à haut risque, ndlr], M. Charlier that “Numericable has provided for long-term financing, without constraints for seven years, without repayment of the principal during the same period. (…) The indebtedness of the new group therefore seems appropriate to me, and without consequences on investment ”. Assuring that price competition will continue, he believes, however, that it will not be able to continue forever.