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Country: Switzerland

  • Altice is the holding company of businessman Patrick Drahi
  • through SFR, 2thoperator in France, Altice France supports more than 27 million customers every day.
  • With a fiber optic network (FTTH / FTTB) of over 34 million eligible outlets,
  • SFR was the first operator to launch 5G in France
  • With Altice Media and its iconic RMC and BFM brands, Altice France is also the 3th largest private media group in France.

News

SFR sells its data centers for €500m 21/11/2023

  • SFR in exclusive negotiations with Morgan Stanley Infrastructure Partners to sell 70% of its 257 data centers in France
  • Transaction will create UltraEdge, a joint venture in which SFR will retain a 30% stake
  • The company is valued at 764 million euros
  • Ebitda for SFR's data centers to reach 26 million euros by 2023
  • Around fifty employees could be affected by this transaction

Altice France sells SFR's data centers to Morgan Stanley 21/11/2023

  • Altice France brings together 257 data centers in France under a new entity called UltraEdge.
  • UltraEdge is valued at 764 million euros, or 29 times Edbidta.
  • Altice France, by selling more than two-thirds of the capital, is expected to recoup around 530 million euros.
  • SFR is expected to generate around 175 million euros in additional revenues from UltraEdge over the next seven years.

Altice data centers sold to Morgan Stanley 07/09/2023

  • Patrick Drahi is close to selling his 92 data centers in France.
  • Drahi's company is mired in debt of around 60 billion euros.
  • The data center portfolio could be valued at around one billion euros.
  • In 2018, Altice sold 75% of its telecom towers in Portugal to Morgan Stanley for €660 million.
  • In 2019, Morgan Stanley acquired 49.99% of Altice's fiber network in Portugal, valued at 4.6 billion euros.
  • In 2020, Drahi sold Morgan Stanley 49.99% of LightPath in fiber optics for an enterprise valuation of $3.2 billion.

Studies mentioning this company

The data center market - France

Other companies mentioned:

  • OVH
  • Amazon Web Services
  • ILIAD
  • EQUINIX
  • Interxion
  • APL Data center
  • Jerlaure
  • Wattdesign
  • Adista
  • Etix Everywhere
  • Data4 service
  • Marseille, Hub digital
  • Altice
  • Celeste Telecom
  • Scaleway (Iliad Groupe)
  • Google Cloud
  • Microsoft Azure
  • Schwartz Group (Lidll Kaufland, Schwartz Digit)
  • Snowflake Computing
  • XEFI
  • NTT Nippon Telecom
  • Evernex
  • Green4Cloud

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