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Altice to sell half of its French fiber business, upping challenge to Orange

French-based cable group Altice has decided to sell half of its fiber-to-the-home (FTTH) business, which is a symptom of a broader trend – for many telcos to shift away from infrastructure ownership as values decline and capex cycles shorten; and to move towards more profitable monetization of infrastructure, which may belong to multiple parties. This has already happened in other areas of telecoms infrastructure, such as cell towers, and while some markets, notably the USA, are seeing  a gold rush around fiber, in other areas, operators are looking to offload some physical assets and become more nimble and digitally-driven. Altice will sell a 49.99% stake in its French infrastructure wholesale unit SFR FTTH to a trio of investment firms –…

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