Altice Europe


UK government to take no action on Drahi stake in BT

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 revamps senior management line-up

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 […]

SFR combines box with projector in new offering

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 acquires 100% control of Coriolis Télécom

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 […]

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 […]

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