Franklin advise on the sale by Numericable-SFR of Completel’s DSL network to KOSC.
On December 22, 2015, the French Competition Authority authorized KOSC to acquire the copper DSL network of the French B2B telecommunications operator and Numericable-SFR subsidiary Completel. The sale was one of the commitments made by Altice and Numericable for the acquisition of SFR in 2014.
KOSC is a consortium composed of OVH, Europe’s leading web hosting service, Cofip, Kapix and Styx, holding companies owned by Yann de Prince and Boris Clausse, former founder and CEO of Mobius, a company that was sold to Altice-Numericable.
With this acquisition, KOSC is poised to become the third largest B2B telecom operator.
Franklin, counsel to Altice and its subsidiaries Numericable-SFR and Completel:
- Partners Jérôme Michel and Julie Catala Marty, assisted by Christophe Nusbaumer, advised on Competition Law issues
- Partner Christian Sauer, assisted by Emmanuel Vrillon-Darcy, advised on Corporate Law issues
Orrick Rambaud Marte, counsel to KOSC:
- Saam Golshani, Partner, Barbara Jouffa, Of Counsel, and Stéphanie Roquefort on Corporate issues
- Jean-Luc Champy, Parner and Constance Boillot, on Regulatory issues
- Anne-Sophie Kerfant, Partner, and Corinne Ricciardella, on Tax issues
- Lise Damelet, Associate, on Competition Law issues
Nabarro & Hinge, counsel to OVH:
- David Lussigny, Partner