Altice

What Altice does

Altice is a multi-national telecommunications operator headquartered in Luxembourg, providing mobile telephony, broadband internet, fiber-optic connectivity, and enterprise ICT services to consumer and business customers. Founded in 2001 by Patrick Drahi, the company grew through aggressive acquisitions to become France's second-largest telecom operator via SFR, while building additional footprints in Portugal (MEO), Israel (HOT), and the Dominican Republic. Following a 2018 separation from Altice USA and a 2021 take-private by Next Private B.V., Altice Europe was delisted and restructured into Altice France (SFR) and Altice International operating entities.

The company's core products include SFR mobile and broadband consumer services, the RED low-cost brand (6M customers), SFR Business for enterprise and public sector clients, and fiber infrastructure assets including SFR FTTH and XpFibre. Technology is built on fiber-optic (FTTH) and mobile network infrastructure, supplemented by partnerships such as Cloud Temple for sovereign cloud services and Amazon Prime Video for content distribution. Revenue is generated through subscription-based telecom services (mobile, broadband, fiber) billed monthly, with additional infrastructure-related revenue streams.

The business model has shifted decisively from growth to debt reduction. Carrying approximately €15.6B in net debt, Altice has been executing a multi-year divestiture program: selling Teads ad-tech to Outbrain for $1B (2024), Hivory towers to Cellnex (2021), and most significantly, agreeing to sell the entire SFR business for €20.35B (June 2026) to a consortium of Bouygues Telecom, Iliad/Free, and Orange. The company is also pursuing the sale of its 50.01% stake in XpFibre (valued at ~€8B with debt). This restructuring leaves Altice International as the principal remaining operating business, supported by the Portugal fibre partnership with Morgan Stanley Infrastructure Partners.

Name

Altice

Legal name

Altice Europe N.V.

Website

https://altice.net

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Altice is a multinational telecommunications operator providing mobile, broadband, and fiber services to consumers and businesses across France, Portugal, Israel, and the Dominican Republic, currently restructuring through major asset divestitures to reduce its ~€15.6 billion debt load.

Ownership category

akta.pro rank

Product category

Telecommunications Services

NAICS

Wired and Wireless Telecommunications Carriers (except Satellite) (51711), Wireless Telecommunications Carriers (except Satellite) (517112)

SIC

Telephone Communications (No Radiotelephone) (4813), Radiotelephone Communications (4812), Cable & Other Pay Television Services (4841)

akta.pro primary industry

VoIP Access & ITSP Services (HDAIAHAD)

akta.pro secondary industries

Wholesale Wavelength, Spectrum & Dark Fiber Providers (IRU/Leases) (HDAIALAI), Cable Modems & eMTA (DOCSIS) (HDAFAIAC)

Keywords

• Telecommunications services
• Mobile telephony
• Broadband internet
• Fiber-to-the-home
• Enterprise connectivity

Headquarters

HQ city

Luxembourg

HQ country

Luxembourg

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Telecom Services: Altice generates revenue primarily through subscription-based telecom services including mobile, broadband, and fiber services to residential and business customers.
2. Telecom Infrastructure: Revenue from network infrastructure including fiber networks and mobile towers, with Altice divesting various infrastructure assets as part of its debt reduction strategy.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Altice provides cable-based fixed-line telecommunications services and mobile telephony services to residential and corporate customers through its operating subsidiaries, principally SFR in France (the country's second-largest telecom operator) and regional operators in Portugal, Israel, and the Dominican Republic. Enterprise customers receive dedicated telecom, connectivity, and sovereign cloud services through the SFR Business B2B division. The company also operates fiber-to-the-home (FTTH) infrastructure via SFR FTTH and XpFibre, and previously operated the Teads ad tech platform until its 2024 sale to Outbrain.

Product overview

Altice is a major telecommunications company structured into three main divisions: Altice France (owning SFR, France's second-largest telecom operator providing mobile and broadband services), Altice International (with operations in Portugal, Israel, and Dominican Republic), and Altice USA (now operating as Optimum Communications). The portfolio includes core telecom services (SFR mobile and broadband), enterprise solutions (SFR Business), fiber infrastructure (SFR FTTH, XpFibre), and previously included ad tech (Teads).

Differentiator

Problem solved

Functional benefit

Brands

• SFR: Société Française du Radiotéléphone - France's second-largest telecommunications operator providing mobile, broadband, and TV services.
• Teads
• SFR FTTH
• XpFibre

Products and services

• SFR Mobile and Broadband Services Mobile telephony, broadband internet, fiber connectivity, and TV services delivered to residential consumers and households in France under the SFR brand, serving as the core consumer telecom offering of Altice France.
• SFR Business (B2B Enterprise Solutions) Dedicated B2B division of SFR offering enterprise telecommunications, connectivity, cloud services, and ICT solutions to French businesses and public sector organizations. Enriched by partnership with Cloud Temple for SecNumCloud-certified sovereign cloud services.
• SFR FTTH (Fiber-to-the-Home Infrastructure) Fiber-optic network infrastructure deployment and wholesale FTTH connectivity services across France, operating as a subsidiary focused on fiber-to-the-home rollout.
• XpFibre French fiber company in which Altice holds a 50.01% controlling stake, providing fiber network infrastructure across France.
• Altice International Telecom Services Telecommunications operations delivered through regional brands in Portugal, Israel, and the Dominican Republic, providing mobile, broadband, and fiber services to residential and business customers outside France.

Quantifiable outcome

• Sale of SFR telecom business for €20.35 billion, reducing net debt of approximately €15.6 billion

Named customers1 record

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability2 records

Feature1 record

Partnerships

Four partnerships are on record, tiered flagship and core.

• Bouygues TelecomflagshipStrategic or Co-development Partner · 8 June 2026Bouygues led a consortium with Orange and Free (Iliad) to acquire SFR from Altice for €20.35 billion. Bouygues acquiring 42% of SFR including 5.9 million B2C customers and mobile infrastructure. The deal aims to consolidate France's telecom market from four to three operators.
• OrangeflagshipStrategic or Co-development Partner · 8 June 2026Orange joined the Bouygues-led consortium to acquire 27% of SFR (4.9 million customers) from Altice as part of the €20.35 billion deal to consolidate France's telecom market.
• Free (Iliad)flagshipStrategic or Co-development Partner · 8 June 2026Free's parent company Iliad joined the consortium acquiring 31% of SFR including the RED low-cost brand with 6 million customers as part of the €20.35 billion transaction.
• Cloud TemplecoreTechnology or Integration · 21 December 2025SFR Business (B2B division of Altice/SFR) partnered with Cloud Temple to offer sovereign cloud services. The partnership enriches SFR Business's existing Cloud Agility service with Cloud Temple's SecNumCloud-certified offerings, targeting French businesses and public sector organizations requiring government-certified sovereign cloud solutions.

Scale indicators4 records

Recent moves17 records

Expansion highlights4 records

Direct peers

• Iliad / Free: French low-cost telecom challenger via the Free Mobile and Freebox brands, and a member of the consortium acquiring the RED brand and 31% of SFR from Altice. Highly comparable mobile/broadband B2C operating model with aggressive pricing.
• Orange: French telecom incumbent and direct competitor of SFR in the French mobile and broadband market. Orange is part of the consortium acquiring SFR from Altice, and shares the same B2C/B2B telecom service model with similar fiber and mobile infrastructure.
• Bouygues Telecom: French mobile and fixed-line operator and lead acquirer of SFR in the €20.35B Altice divestiture. Directly competes head-to-head with SFR across French consumer mobile, broadband, and enterprise segments.
• Liberty Global: European cable and fiber broadband operator with deep infrastructure holdings across the UK, Ireland, and continental Europe. Closely comparable to Altice's cable-broadband roots and converged services model.

Regional players

• Proximus: Belgian incumbent telecom operator providing mobile, fixed broadband, fiber, and enterprise/ICT services. Comparable integrated telecom model serving a single Western European market with similar regulatory and competitive dynamics.
• Telenet (Liberty Global subsidiary): Belgian cable and broadband operator offering fixed-line, mobile, and content services comparable to Altice's SFR model, with similar DOCSIS/fiber upgrade economics.

Others

• Cellnex Telecom: European telecom infrastructure operator (towers) that acquired Altice's Hivory stake. Adjacent infrastructure peer and direct transaction counterparty for Altice's passive-asset divestiture strategy.

Broad incumbents

• Deutsche Telekom: Pan-European telecom incumbent with major mobile and fixed-line operations in Germany and across CEE. Comparable in scale and integrated telecom service mix, with similar exposure to fiber rollout economics and regulatory pressure.
• Vodafone Group: European telecom incumbent operating mobile, fixed broadband, and enterprise services across multiple Western European geographies. Directly comparable to Altice International's multi-country consumer/B2B telecom model, though at far greater scale.
• Telefónica: Major European and Latin American telecom operator with broadband, mobile, and enterprise offerings comparable to Altice International's footprint (notably Spain/Portugal and Latin America overlap).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/altice

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A18 records

Investments7 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Altice