Altice Europe

SFR launches low-cost Android-and-app-based TV offering

Altice Europe-owned French service provider SFR has launched an Android TV-based TV option as part of its low-cost brand offering Red by SFR, along with a new TV application for smartphones and tablets. SFR said it was including the TV service as part of Red by SFR as part of an enriched basic internet offering. […]

Patrick Drahi takes full control of Altice Europe

Media and telecom entrepreneur Patrick Drahi has acquired full control of Altice Europe. Drahi’s launch of a public offer for shares in the company he founded has enabled him to up his stake in it from 77.6% to just over 92%. The move means that the telecom entrepreneur will be able to delist the company […]

Patrick Drahi gets green light to take Altice Europe private

Telecom tycoon Patrick Drahi has received a green light to take Altice Europe private from company shareholders. An EGM on January 7 approved resolutions that enable Drahi to take control of the company and delist it from the Amsterdam stock exchange. Drahi, who holds 77.6% of Altice Europe, secured a yes vote to his offer […]

Altice Europe investor accuses Drahi of ‘illicit’ move to transfer value

A minority investor in Altice Europe has objected to the all-cash offer launched by founder Patrick Drahi with the aim to take the company private, and has accused Drahi of an “illicit” move to transfer value to himself at the expense of other shareholders. Lucerne Capital Management, which advises funds owning about €94 million of […]

Drahi launches public offer to take Altice Europe private

Altice Europe boss Patrick Drahi has launched his planned public offer to take the company private. The company, which operates networks and media in France, Portugal and Israel, is currently quoted on the Amsterdam exchange. Drahi is offering €4.11 a share for Altice Europe stock, representing a premium of 23.8% over the September 10 closing […]

Portugal’s Meo launches Android TV box

Altice Europe-owned Portuguese service provider Meo has launched an Android TV set-top box, enabling it to make the claim to be “the first market leader in the world” to offer both Apple TV and Android TV options to its subscribers. Meo said that the new Android TV box, developed jointly by Altice Labs – the […]

Mediapro moves to boost French football channel with RMC Sport Champions League deal

Altice France-owned sports broadcaster RMC Sport is set to strike an agreement to share next season’s UEFA Champions League football rights with Mediapro, the Spanish broadcaster and producer that has already disrupted the French premium sports world by acquiring the rights to Ligue 1 and Ligue 2. According to financial daily Les Echos, Mediapro’s Téléfoot, […]

Altice’s BFMTV debuts new ‘automated vertical’ live mobile video

Altice France-owned news channel BFMTV has launched a new ‘vertical’ smartphone video experience that automatically converts the horizontal frames of standard TV streams to a vertical format better suited to smartphone screens. The news channel has tapped technology startup Wildmoka to provide the workflow for the new service, dubbed ‘Live Vertical’, which is claimed as […]

Altice’s NextRadioTV axes sports news channel, downsizing pay TV operation

Altice Europe’s French media arm NextRadioTV is to axe its sports news channel and has announced plans for a major revamp of its media activities that will involve significant cuts and job losses. The group will shut down RMC Sport News and will wind down its involvement in sports including athletics, equestrian sports and tennis. […]

Altice Europe unveils new Portuguese fibre wholesaler

Altice Europe has unveiled the creation of Fastfiber, the fibre wholesale outfit for Portugal formerly known as Altice Portugal FTTH. The launch of the newly branded company follows the December 2019 acquisition by Morgan Stanley Infrastructure Partners’ of a 49.99% stake in the fibre unit. Altice says that Fastfiber is by far the largest FTTH […]

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