Dexter Goei

Drahi steps in as Altice CEO resigns after share price nose-dives

Michel Combes has resigned as Altice chairman and CEO following the company’s worse-than-expected quarterly results last week. Altice’s share price sank by a over a quarter following the results that highlighted a poor performance by French unit SFR in particular and spooked investors concerned about the company’s debt level. Combes having fallen on his sword, […]

Altice USA aims to double in size in five years

Cable and telecom provider Altice Group’s US division aims to double in size over the next five years, but will adopt a cautious approach to M&A and will focus on the cable sector, according to CEO Dexter Goei, speaking at the Goldman Sachs Communacopia conference in New York. Goei said that Altice was open to […]

Altice confirms i24 News launch date for US

Altice has confirmed plans to launch a version of its Israel-based news channel for the US. The cable, telecom and media group will debut a US version of i24 News, the Tel Aviv-based service launched by the company’s founder Patrick Drahi in 2013, on February 13. The channel, which is based in New York with […]

Altice completes Cablevision acquisition

Altice has completed the acquisition of US cable operator Cablevision. Altice will now move ahead with its plan to merge the New York-based service provider with its existing US subsidiary Suddenlink Communications to create Altice USA, the number four cable operator in the country, with over 4.6 million customers across 20 states. Altice agreed to […]

All change at Altice as Drahi steps down as president

Altice boss Patrick Drahi has stepped down from his role as president of the company in favour of former CEO Dexter Goei ahead of the group’s acquisition of Cablevision in the US. Goei will take over the new US operation as chairman and CEO of Altice USA, in addition to his role as president of […]

Altice to pause acquisition drive, says Goei

Altice is to pause in its acquisition drive to focus on cutting costs and working on the integration of its existing properties, according to CEO Dexter Goei. Goei told Bloomberg Business that the company owed it to its investors, whether creditors or shareholders, to pause, particularly in relation on large acquisitions, following its purchase of […]

Altice open to acquiring Bouygues Telecom

Altice could be open to acquiring French service provider Bouygues Telecom, according to the Patrick Drahi investment vehicle’s CEO, Dexter Goei, cited by Dow Jones Newswires. Goei, speaking at a Morgan Stanley conference in Barcelona, said that there was a great potential to realise synergies between the two companies. Goei said Altice would not need […]