Nokia selling ASN to French government

I stumbled upon this news article in my daily news feed: https://www.reuters.com/markets/deals/nokia-sells-submarine-networks-business-asn-french-state-2024-06-27/

The article does not go too much into detail so it left me with more questions.

Is the ASN the ASN I think it is?
What is the benefit of buying and selling ASNs for that kind of money? I know some just want the privilege of owning a nice number, but the French government?

The all seeing eye sees everything...

Thanked by (1)Not_Oles

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