SFR

SFR
Société anonyme
Industry Telecommunications
Founded February 1987
Headquarters Paris, France
Area served
 France, Réunion, Mayotte, Belgium, Luxembourg, Guadeloupe, Martinique
Key people
 Michel Combes (Chairman and CEO)[1]
Products Box de SFR, Home by SFR, mobile phones
Services Fixed-line internet, mobile internet, fixed-line and mobile telephony, IP television
Revenue €12.577 billion[2]
€12.183 billion[3] (2011)
Profit €2.472 billion (2010)
Owner Altice
Number of employees
 14,500
Parent SFR Group
Subsidiaries Joe Mobile
Website sfr.fr
sfr.lu
sfr.be
sfr.re
sfrcaraibe.fr

SFR (SOCIÉTÉ FRANÇAISE DU RADIOTÉLÉPHONE) is a French telecommunications company that provides voice, video, data, and Internet telecommunications and professional services to consumers and businesses. As of December 2015, it has 21.9 million customers in Metropolitan France for mobile services, and provides 6.35 million households with high-speed internet access.[4] It also offers services in the Overseas Departments of France : in the Caribbean islands of Martinique, Guadeloupe, and in Guyane as well as in the Indian Ocean, in Mayotte and on the Réunion island through SRR (Société Réunionnaise du Radiotéléphone) although the company is branded as SFR Réunion.

SFR is owned by Altice and French conglomerate Vivendi. Vodafone had a 44% share in SFR until April 2011 when it sold the entire share back to Vivendi. SFR is a major partner network of Vodafone in France.[5][6]

SFR (SFR Belux) operated in Belgium as a cable operator and MVNO in some communes of Brussels Region and in some areas of Luxembourg. The division was sold to rival Telenet in December 2016.

History

Vivendi announced sometime about March 2014 that it planned to sell its SFR division.[7] On 14 March it announced that it would enter exclusive negotiations with Altice/Numericable, to the exclusion of Bouygues and Iliad.[7] Arnaud Montebourg, the French Minister for Industrial Renewal, provoked a storm when he stated that the Numericable/SFR deal was a certainty; Iliad lost 7.5% of its market value on that day.[7]

In February 2016 Orange, SFR and Free announced the purchase of their competitor Bouygues Telecom. However, negotiations for the purchase agreement fell through a few months later.[8]

See also

References

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