Altice, the parent company of French telecom operator SFR, is pursuing an accelerated safeguard procedure to finalize a major debt restructuring amid mounting financial pressures. The company faces a substantial debt burden, prompting considerations of a potential sale or split of SFR, with the fiber subsidiary already put up for sale to help reduce liabilities. Ardian, an investment fund, has shown interest in acquiring SFR's network assets to support telecom sector consolidation. Frédéric Abitbol is expected to be appointed by the commercial court as the judicial administrator overseeing the safeguard process and negotiations with Altice's 150 creditors. Despite efforts to stabilize, SFR has only recently managed to halt subscriber losses, while Altice's overall quarterly results remain in decline. The developments have raised concerns about employment and market rumors within the company. Additionally, Pascal Cagni has been renewed as chairman of the board, with Bruno Bouygues and Charles Rodwell appointed as new board members.