Drahi takes charge as Altice moves to spin off US operation

Altice is to spin off its US operation and restructure its European and pay TV assets in a major reorganisation that saw its share price rise sharply. Company founder Patrick Drahi will take direct control of both European and US operations. Altice is to separate Altice USA from the parent company by spinning off its […]

Sprint hires ex-Altice chief Combes as president and CFO

US mobile telecom operator Sprint has hired former Altice chairman and CEO Michel Combes as president and chief financial officer. Combes will take up his post from tomorrow and will report to CEO Marcelo Claure. He will be appointed to Sprint’s board at a later date. According to Sprint, Combes will be responsible for leading […]

France looks to extend network tax to cable and fibre

French parliamentarians have proposed extending a tax hitherto placed on copper telecom lines to cable and fibre. Parliamentary deputy Eric Bothorel of the ruling La République En Marche party introduced an amendment to the country’s finance bill last week that could see the IFER tax placed on traditional copper telephone lines extended to cable and […]

Orange to invest in fibre rather than football, calls for more content partnerships

Orange CEO Stéphane Richard has reiterated that his company will not bid for premium football and contribute to rights inflation, and has opened the door to collaboration in content, including with rival Altice-owned SFR. Speaking at an investor event in London, Richard said that content remained part of Orange’s diversification strategy but that its role […]

Altice to sell Swiss assets

Altice is to sell its Swiss telecom solutions business and data centre operations to InfraVia Capital Partners in a deal that values the assets at CHF214 million. The move is the latest disposal from the troubled cable and telecom group as it seeks to reduce indebtedness and allay investors’ concerns. Altice is selling, which […]

Altice Portugal names CFO

New Altice Portugal president Alexandre Fonseca has named Alexandre Matos as the company’s new chief financial officer with immediate effect. Matos previously worked as financial advisor to MSF Group and Maló Group, as COO of Top Atlântica Group, CFO of Pâginas Americas and in management roles at RAR Group and for PriceWaterhouseCoopers. He replaces Gustavo […]

SFR chief says operator will ‘take a look’ at Ligue 1 rights

New SFR CEO Alain Weill has said that the Altice-owned service provider will take a look at participating in the next auction of premium French football rights, despite mounting concerns about SFR’s performance and its parent company’s indebtedness that have seen Altice’s shares lose well over half their value in the last month. Speaking at […]

Altice’s SFR rethinking sports strategy

Altice-owned French service provider SFR is planning a radical rethink of its sports strategy to recoup its investment in premium rights, with a new focus on expanding its OTT TV offering, according to a report in French financial daily Les Echos. According to the paper, citing an unnamed internal source, SFR is in the process […]

Portuguese watchdog given green light to act on fibre pricing

Portuguese regulator ANACOM has secured a mandate from the country’s government to regulate the wholesale prices charged by Fibroglobal. ANACOM is to reduce the prices charged by the fibre operator by between 24% and 55%, based on a recommendation that followed its analysis of the prices charged for wholesale offers for rural high-speed networks. ANACOM […]

New chief for Portugal Telecom

Alexandre Fonseca (pictured) has been named as executive president of Portugal Telecom by the operator’s owner, Altice. Fonseca was previously CTO at Portugal Telecom. Claudia Goya, who was appointed to take over management at the operator earlier this year, will transition to the role of chairwoman of PT Portugal, while Paulo Neves is to leave […]

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