Altice France, the parent company of French telecom operator SFR, is preparing to enter an accelerated safeguard procedure in early June due to its substantial debt of 15 billion euros. This legal process aims to allow the company to restructure its debt while continuing its operations. Patrick Drahi, the owner of Altice France, is considering selling SFR amid this financial restructuring. Several major French telecom players, including Bouygues Telecom, Free, and Orange, have shown interest in acquiring SFR's assets. There is also the possibility that SFR's fiber network could be sold separately. The move to safeguard status follows ongoing efforts to renegotiate the debt and ensure the continuity of SFR's services. The situation reflects broader strategic maneuvers in the French telecom market as competitors assess opportunities arising from Altice France's financial challenges.