Altice USA


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 […]

Cogeco rejects revised C$11.1bn Altice USA bid

The Audet family, which holds a controlling interest in Canada’s Cogeco, has rejected a revised offer to acquire the company by Altice USA. Altice had been hoping to take over Cogeco’s US subsidiary Atlantic Broadband and divest the Canadian operation to Rogers Communications. Altice USA presented a revised offer to acquire 100% of Cogeco for […]

Audets resist Altice USA’s €7bn move to acquire Atlantic Broadband

Altice USA, the European-based service provider’s US offshoot, has made an offer to acquire the ninth largest American cable operator, Atlantic Broadband, through the purchase of the outstanding shares of Canada-based Cogeco Communications, its owner. However, Cogeco executive chairman Louis Audet and his family, who control multiple voting shares as controlling shareholder, have indicated via […]

Altice USA pens deal with factual streamer CuriosityStream

John Hendricks’s factual streamer CuriosityStream is getting wider distribution in the US via broadband operator Altice USA. Under the deal, the platform will be made available to Altice USA’s Optimum and Suddenlink customers, and will also be added to the business’s on-demand platform and mobile apps. Overall, the deal will help CuriosityStream access around 4.9m […]

Altice USA taps Devialet for high-end connected home speaker

Altice USA is to launch a Devialet-powered high-end home speaker that can control the connected home. Altice Amplify,described by the company as an intelligent, high-fidelity home speaker that powers the connected home will feature Devialet’s sound technologies and also includes Amazon Alexa built-in for voice control of smart devices, music playback, and so on. Altice […]

Altice Europe swings back in France as it prepares to sell off Portugese fibre business

Altice Europe has lifted its full-year targets following a successful quarter in its main French market. The company’s French division accounts for more than 70% of Altice Europe’s activity, and grew 4% year-over-year. Internationally the company grew by 3.6% SFR – Altice Europe’s French telco – had recorded losses for the four quarters prior, dipping […]

Altice USA to acquire millennial news streamer Cheddar for US$200m

Altice USA is to acquire millennial-focused digital news company Cheddar for US$200 million. The US arm of Patrick Drahi’s international cable and telecom group said the acquisition would broaden its portfolio of high-quality news businesses. The deal is expected to close in the next two months subject to regulatory approval. Altice USA was one of […]

US pay TV subscriber losses mount

The top 10 US pay TV providers recorded a total net loss of over 358,000 subscribers in the second quarter, with gains for OTT TV options DirecTV Now and Sling TV only partially offsetting losses from their parent companies and the cable operators, according to Informitv’s latest Multiscreen Index. According to the latest edition of […]

Altice shareholders approve separation of US arm

Altice’s shareholders have approved the separation of Altice USA, the company’s US arm, from what will become Altice Europe. The separation of the two parts of Altice will be effected by a special distribution in kind by Altice NV – the part that will become Altice Europe – of its 67.2% interest in Altice USA […]

Cheddar raises US$22m from Liberty Global, Antenna and others

Millennial-focused digital news service, Cheddar, has raised US$22 million in funding, with Liberty Global and Antenna Group coming on board as new investors. The US-based ‘post-cable network’ said it would use the cash to strengthen its balance sheet and to move into “Europe and beyond”. “We own all of our IP and now is the […]

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