SFR's Decline Continues Amid Takeover by Rivals
Listen to the story
SFR is a big phone and internet company in France. SFR is losing money and customers.
Three other companies want to buy SFR. They are Bouygues Telecom, Free, and Orange. This is called a takeover.
SFR's parent company is called Altice France. In the second three months of the year, Altice France made less money than before. This is called a revenue drop.
Fewer people are also using SFR now. These people are called subscribers. The number of subscribers went down too.
Many people in France use SFR for their home internet box. This is sometimes called a box.
Some people think their internet bill could go up soon. This is because of the takeover plan.
The takeover is not finished yet. It is still in process.
Vocabulary15 words
- takeover
- when one company buys another company
- revenue
- money a company gets from selling things
- subscribers
- people who pay to use a service
- box
- a small machine that gives internet to a home
- decline
- when something gets smaller or worse
- quarter
- three months of the year
- parent company
- a big company that owns a smaller company
- customer
- a person who buys or uses something
- bill
- paper that shows money you must pay
- process
- steps to do something
- telecom
- phone and internet company
- France
- a country in Europe
- internet
- the network that connects computers and phones
- company
- a business that sells things
- rival
- another company that competes
Quiz
Answer key
1. They are decreasing 2. Bouygues Telecom, Free, and Orange 3. They might go up
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
SFR is a big phone and internet company in France. SFR is losing money and _____.
Three other companies want to buy SFR. They are Bouygues Telecom, Free, and _____.
SFR's parent company is called _____ France.
In the second three months of the year, Altice France made less _____ than before.
Fewer people are also using SFR now. The number of _____ went down too.
Many people in France use SFR for their home internet _____.
Some people think their internet _____ could go up soon.
The takeover is not finished yet. It is still in _____.