Why sfr Is Trending Today?

French telecom giants Bouygues Telecom, Free, and Orange have joined forces to submit a joint bid for the acquisition of embattled SFR, a move that could potentially lead to increased mobile plan prices in France. The consortium, led by Bouygues, has offered to buy most of Altice's SFR assets, with the aim of breaking up the struggling telecom company. The bid was deposited on October 14, with no immediate impact on SFR's services or customers.