Paris - Altice, Numericable’s parent company, has entered into exclusive negotiations with Madagascar’s historical operator – Telma – with regards to the sale of its Outremer Telecom mobile activities in Reunion Island and Mayotte.

Privatized in 2014, Telma is controlled by Hiridjee Group, a French family with Indian origins established in Madagascar for 150 years.

Mayer Brown advises Altice and Numericable-SFR with regards to tax and structuring issues.

List of Mayer Brown’s team members with Altice:

Tax team: Laurent Borey and Olivier Parawan, Partners, Nathalie Jacquart and Nicolas Danan, Associates, with regards to the structuring aspects.