Multinational quad-play provider Altice Europe bounced back in the first quarter, with the company’s consumer fixed base growing by 88,000, including 63,000 fibre customers. Altice France, the group’s key operating unit, achieved a good level of customer acquisition in the first quarter in a market with fewer promotions. Altice France also grew its mobile base […]
Altice Europe has seen a strong recovery in subscriber numbers in France and growth in Portugal, but its revenues for 2018 dipped. Altice France/SFR attracted 1.3 million customers in the course of the year, more than the number of customers lost over the three years since Altice’s acquisition of SFR. The French unit saw churn […]
Altice Europe is mulling a possible sale of its operation in Israel, HOT, according to Reuters, citing unnamed sources. According to Reuters, the telco has hired Morgan Stanley to study different options for the Israeli asset, with Altice boss Patrick Drahi’s needing to secure funds for the rollout of 5G in France. Morgan Stanley has […]
Altice Europe is planning to sell a stake in its Portuguese high-speed fibre network following a similar sale in France, according to Reuters. According to the news agency, citing unnamed sources, an auction process is expected to be launched within two weeks. Reuters reports that Altice Europe has hired investment bank Lazard to advise on […]
Cable and telecom operator Altice Europe and private-equity investor KKR have announced the creation of Hivory, the new name for the largest mobile transmission tower company in France, following KKR’s acquisition of a 49.99% stake in Altice’s French tower unit in June. According to Altice, Hivory operates towers at 10,000 strategically located sites with a […]
Altice Europe saw a recovery in its subscriber numbers in France in the quarter to September but at the cost of a reduction in revenue and profitability. Altice hailed a strong commercial performance and headlined “more than one million customers won back in France” in its results release. The operator added 52,000 fixed broadband customers […]
Altice Europe confirmed an improving subscriber trend in the second quarter, adding 13,000 net new subscribers in France, compared with a loss of 16,000 for the same period last year. The company saw solid uptake of its fibre service in France, with 56,000 net additions in the quarter. In mobile, French unit SFR added 211,000 […]
Cable, telecom and media group Altice Europe is to sell Dominican Republic towers business to private equity outfit Blackstone for US$170 million (€145 million). Altice Europe has agreement to sell 100% of Teletorres del Caribe, which will control 1,049 sites currently operated by Altice Dominicana, to Blackstone portfolio company Phoenix Tower International. Altice Dominicana will […]
Telecom, cable and media giant Altice Europe’s French and Portuguese untis have agreed the sale of their transmission tower businesses for a total cash consideration of €2.5 billion to create what Altice says will become one of Europe’s largest tower businesses. Altice France has entered into an exclusivity agreement, and PT Portugal has reached an […]
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 […]
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