Telecom

Drahi Said to Draw Interest in SFR Business in Breakup Push

An SFR mobile phone and telecom store in Paris.

Photographer: Benjamin Girette/Bloomberg

Patrick Drahi’s Altice France SA has attracted interest from potential buyers for the enterprise unit of French carrier SFR, as the billionaire explores ways to pare the debt load of his telecom empire, people familiar with the matter said.

Altice has asked its advisers to share information with potential bidders for SFR Business, the people said. The unit, which provides fixed and mobile connectivity, cloud services and cybersecurity to corporate clients, could be valued at several billion euros in a deal, the people said.