Patrick Drahi

Patrick Drahi

Patrick Drahi is a French-Israeli billionaire businessman who founded Altice, a multinational telecommunications and media conglomerate. He is best known for leading leveraged buyouts of companies such as SFR in France, Altice USA, and the Portuguese media group Media Capital, building a global network of cable, mobile, and media assets. His career is defined by aggressive debt-financed acquisitions and consolidation in the telecom and broadcasting sectors.

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Lean Left
Drahi is finalising the sale of SFR to Bouygues Telecom, Free, and Orange for over 20 billion euros, and has relocated to Tel Aviv.
Socialistes are concerned about the concentration of telecom infrastructure in three private hands, raising questions about market competition, workers' rights at SFR, and the regulatory capacity of the state to protect public interest.
Far Left
The SFR owner is set to pocket over 20 billion euros from the sale of his telecom group to Bouygues, Free, and Orange as the deal enters its final hours.
For LFI, Drahi is the emblematic face of financialized capitalism looting a strategic national infrastructure asset while 8,000 workers face layoffs and precarity, with the state offering no protection.
Far Left
SFR owner set to receive 20.35 billion euros as Bouygues, Free, and Orange carve up his heavily indebted telecom group, eliminating the brand entirely.
For LFI, Drahi is the archetype of financialized capitalism: a billionaire who loaded a company with debt, extracted wealth, and walks away enriched while 8,000 workers face an uncertain future with no democratic say.
Far Left
Negotiations over the sale of SFR, his telecom operator with 25 million subscribers, were due to conclude on June 5, in a deal critics say could generate mass layoffs.
For LFI, Drahi represents the predatory billionaire class that extracts maximum value from asset sales while thousands of workers face redundancy, with zero accountability to the workers or the public interest.

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