Bouygues (EN) Partnership summary

Opening remarks and agenda

• Conference call introduced by CEO with key executives present to address questions and outline the joint bid for Altice France assets.

• Bouygues Telecom, Free-Iliad Group, and Orange announced a joint non-binding offer to acquire a significant portion of Altice's telecommunications activities in France.

Objectives of the partnership

• Joint non-binding offer with Free-Iliad Group and Orange to acquire major Altice France assets for €17 billion, aiming to preserve market competition and deliver value to all stakeholders.

• Transaction seeks to ensure long-term favorable market conditions, network resilience, and improved investment returns.

• Aim to ensure continuity of service for SFR customers and strengthen investments in superfast network resilience, cybersecurity, and new technologies like AI.

Partner introductions and roles

• Bouygues Telecom, Free-Iliad Group, and Orange are the main partners, each taking specific asset segments and responsibilities.

• Key executives from each partner present to answer questions and clarify roles.