French media regulator ARCOM has given companies until January 23 to submit an application for one of two DTT licences currently held by TF1 and M6. This will then be followed by public hearings in February before the two licences are granted. Interested parties need to show their hand by January 16 – and then […]
The UK government is to take no further action in relation to French telecom tycoon Patrick Drahi’s stake in BT. “Following careful consideration, the government will take no further action on the acquisition of 5.9% shares by Altice in BT and the Final Notification has been issued to parties,” the Department for Trade and Industry […]
Altice has made a series of senior management changes, promoting Altice Portugal CEO Alexandre Fonseca to co-CEO of Altice Group alongside finance chief Malo Corbin and technology and development head David Drahi. Altice Group will now have three co-CEOs – Fonseca, who will be charged with coordinating the operations across different countries; Corbin, responsible for […]
Altice-owned French service provider SFR has launched a new offering coupling its TV and broadband boxes with Samsung video projectors. The new proposition, which will allow users to buy or rent Samsung’s The Freestyle projector, follows the operator’s combining of its box with a TV in 2020 and box plus game console last year. Subscribers […]
Altice France has acquired 100% control service provider Coriolis Télécom in its latest move to consolidate smaller mobile-centric players in the French market. Altice will initially pay €298 million, with a delayed additional payment of €117 million, for the operator. The latest acquisition follows that of Afone Participations, owner of a 50% stake in mobile […]
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. […]
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 […]
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 […]
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 […]
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 […]
