Tofane Global has agreed to acquire Altice’s wholesale voice carrier business in France, Portugal and the Dominican Republic. Tofane Global is described online as a new French player in the telecom and digital sectors, and a specialist of international inter operators’ carrier services”. The company is led by Alexandre Pébereau, previously with Orange, Maroc Telecom and Bollore.
A statement has been released saying Tofane, has entered into exclusivity to buy its international voice carrier assets, grouped as Altice International Wholesale (AIW).
The three entities of AIW (SFR Carriers, Meo and Orange Dominicana) transported 14 billion minutes of international voice traffic in 2017. The deal, should it be completed, will see Tofane continue to remain as a strategic partner for Altice, it said.
According to Pebereau, “Once all authorizations are received Tofane Global will become the third largest provider of voice and mobile data services in the world.”
Altice said in its statement: “Altice N.V. announces today it has entered into exclusivity with Tofane Global, a Paris-based telecommunications and digital player specializing in international carrier services, for the sale of its international wholesale voice carrier business in France, Portugal and the Dominican Republic.
“This transaction shows further execution of Altice’s non-core asset disposal program to strengthen the company’s long-term balance sheet position and focus on improving the operational and financial results of its key franchises.”
Altice had completed its agreement for the merger of the previously purchased Orange and Tricom telecom operations in the Dominican Republic with Indotel, the Dominican telecom regulators, in September 2017.
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http://www.capacitymedia.com/Article/3793296/News/Breaking-Pbereaus-Tofane-enters-exclusivity-for-Altice-wholesale-voice-acquisition
13 March 2018
