Altice spends €400 million-plus on French telco

Altice France has brokered a deal to acquire Coriolis Telecom, a moderately-sized French telco, for a sum that could go north of €400 million.
The operator, parent company of SFR, has entered into an exclusivity agreement to acquire the entirety of Coriolis Telecom for an initial consideration of €298 million, plus a deferred payment of €117 million; that’s a total spend of €415 million.
In return, it will get half a million MVNO customers – SFR is already one of