Altice unit to build fibre networks in Germany

Altice Group’s infrastructure construction unit Geodesia has struck a partnership with German fibre builder and service provider Deutsche Glasfaser to accelerate the rollout of fibre in Germany. The partnership calls for the laying and activation of a minimum of one million fibre optic connections in suburban and rural areas of Germany by 2025. In total, […]

European telco CEOs call on US tech players to fund network expansion

A joint statement from 13 European telco bosses has called on US tech giants to fund Europe’s network expansion. The letter includes the signatures of chief executives of Deutsche Telekom, Telefónica, BT, Telia, Altice Portugal and Vodafone among numerous others. It said that US tech players should contribute to the continent’s network growth due to […]

Eutelsat rejects surprise offer from Altice’s Patrick Drahi

Eutelsat has rejected an offer from Altice boss Patrick Drahi to acquire the company. Drahi offered €12.10 a share for the satellite operator, a price confirmed by Eutelsat after Drahi’s move was initially reported by Reuters. “Pursuant to market rumours, Eutelsat Communications confirms that it has received an unsolicited, preliminary and non-binding proposal from Patrick […]

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 […]

Patrick Drahi becomes biggest BT shareholder in £2.2 billion purchase

Patrick Drahi has acquired a 12.1% stake in BT for more than £2 billion. Via the creation of a new Altice UK brand, the Altice Group boss has invested £2.2 billion in the British telco to become its largest shareholder. Altice confirmed the stake – a total of 1.2 billion shares – had been acquired […]

Haystack News boosts content offer with Altice deal

Ad-supported news streaming service Haystack News has entered into a content distribution agreement with Altice News. The deal sees Haystack News launch a live stream channel of Altice-owned Cheddar News today, with plans to add News 12 New York’s content and live feed to its pipeline later this year Cheddar News and i24NEWS have been […]

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. […]

Altice Media launches first addressable ad campaigns

Altice Media has launched the first addressable advertising campaigns to its user base in France. The group has offered advertisers targeted campaigns as part of its portfolio of services since the beginning of the month, leaning on the expertise of service provider SFR, which has been commercialising the use of anonymised geolocation data for its […]

SFR taps MediaKind for UEFA Champions League

Altice France’s SFR, the country’s second-largest telecoms service provider, has extended the deployment of technology outfit MediaKind’s Video Storage and Processing Platform (VSPP) solution to deliver live OTT coverage of UEFA) Champions League football. In August 2020, MediaKind’s VSPP solution enabled SFR to deliver sporting content to its highest ever live streaming audience, according to […]

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 […]

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