Eiffage to Buy 70% of Snef Telecom

Freitag, 06.05.2022 08:25 von PLX

• (PLX AI) – Eiffage signed an agreement to acquire 70% of Snef Telecom.
• • Snef Telecom – a subsidiary of Snef and a leading player in the French mobile telecoms market – generated almost €200 million in revenue in 2021 and employs
• around 1,000 people nationwide
• • The acquisition will allow Eiffage Énergie Systèmes to break into the mobile telecoms market, which is growing rapidly with the rise of 5G, and enhance its services and
• expertise for the benefit of industry and tertiary sector stakeholders alike
• • Subject to customary conditions and regulatory approvals, the acquisition is expected to close in the second half of 2022