Altice


Altice Europe turns in solid Q1 performance

Altice Europe has turned in what founder Patrick Drahi was able to describe as “a solid performance…against this challenging backdrop” in the quarter to March. The company saw its revenues grow by 3.6% or 3.1% on a constant currency basis to €3.5 billion. EBITDA was up by 1% to €1.3 billion. Revenue was up in […]

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 […]

Altice expects to ‘remain resilient’ after exceeding 2019 expectations

Service provider Altice Europe expects its cash-flow to “remain resilient” in the face of the Coronavirus pandemic after it ended 2019 on a high with revenue for the full year growing by 11.2% to €4.042 billion, an improvement on the 6.9% growth recorded in 2018. The company said its performance exceeded guidance it had given. […]

Portuguese regulator suspends 700MHz clearance on Coronavirus fears

Portuguese telecom regulator ANACOM has suspended the migration of the country’s digital-terrestrial network to make way for 5G telecom service over the Coronavirus threat. The move comes after consultation between the regulator and telecom operator Meo, which is responsible for the technical implementation of the migration of the service, clearing the 700MHz band to make […]

Altice launches Altice One on Apple TV

Altice has launched its Altice One service on Apple TV in the US.  Altice One first launched in January 2018 as an all-in-one system that combines TV, WiFi management and DVR in one device. The operator had previously offered apps for iOS and Android mobile devices, but the addition of Apple TV opens up the […]

Altice Europe sells Portuguese tower stake to Cellnex for €200m

Cable and telecom giant Altice Europe’s Portuguese unit Meo has sold its 25% stake in cellular tower company Omtel to Cellnex for €200 million as the first step in the independent Spanish tower company taking complete control of Omtel. Altice sold a majority stake in Omtel to a consortium led by Morgan Stanley Infrastructure Partners […]

Altice Europe-backed SFR FTTH acquires fibre wholesaler Covage in €1bn deal

Altice Europe and a group of financial investors have agreed to acquire Covage, the fourth largest FTTH infrastructure wholesaler in France, for €1 billion. Altice’s SFR FTTH outfit, alongside its consortium of financial investors led by OMERS Infrastructure and including Allianz Capital Partners and AXA Investment Managers – Real Assets, acting on behalf of its […]

SFR follows up set-top launch with smart home offering

Altice France/SFR has followed up the launch of its latest set-top box, the SFR Box 8 by debuting its new smart home service, SFR Home.  The operator said it was tapping the WiFi 6 capability of the SFR Box 8 and its voice command feature to offer a set of services that would appeal to […]

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