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 […]
Cable and telecom investor Altice closed its acquisition of a 70% stake in US cable operator Suddenlink before Christmas, following regulatory approval. The deal leaves BC Partners, CPP Investment Board and Suddenlink management with a 30% stake in the seventh-ranked operator. Jerry Kent, outgoing founder, chairman and CEO of Suddenlink, is to invest, alongside Altice, […]
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