SVOD customer satisfaction far exceeding that of pay TV

Customer satisfaction with streaming video services such as Netflix in the US far exceeds that for traditional pay TV services, according to the American Customer Satisfaction Index (ACSI), an annual survey of consumer attitudes to services including pay TV, video streaming, ISPs and fixed and wireless phone. Customer satisfaction with pay TV services fell 3.1% […]

Altice ‘looking at Charter bid’

Altice and its US offshoot Altice USA are in the initial stages of putting together an offer to acquire number two US cable operator Charter Communications, according to various reports. According to CNBC, which first reported the move, citing unnamed sources, Altice is working with banks to finance a possible deal, which would involve a […]

Altice boss Drahi reportedly preparing US IPO registration

Altice boss Patrick Drahi is preparing to kick of the process of floating a minority stake in his US operation by the end of this month, according to French press reports. According to financial daily Les Echos, Altice is preparing to publish its IPO registration by the end of April ahead of the flotation of […]

Altice moves to ease debt burden

Cable and telecoms group Altice has secured two loans from amounting to just over US$3.8 billion to refinance its existing debt. The company, which owns SFR in France as well as asset including Portugal Telecom, US cable operators Cablevision and Suddenlink and Hot in Israel, said it had successfully priced a US$2.5 billion eight year […]

SFR hits Altice results but US turns in strong performance

Altice Group second quarter financials were pulled down by continued subscriber, revenue and earnings losses at French unit SFR, despite a solid performance elsewhere, including its new US acquisitions. Total French revenues fell by 4.3% year-on-year to €2.781 billion, which included revenues from its new content and media assets. Adjusted EBITDA, like revenue, was hit […]

Unitymedia drops down Netflix’s ISP Speed Index

Unitymedia Kabel was among the major movers in Netflix’s latest ISP Speed Index, with the Germany operator’s average web speed falling to 3.18 Mbps in January. Netflix noted that the internet service provider, which had ranked at the top since Netflix launched service in that country, dropped thee places in the month to eighth place. […]

Altice to acquire Cablevision in US$17.7 billion deal

Cable and telecom investor Altice has agreed a US$17.7 billion (€15.7 billion) deal to acquire US cable player Cablevision. Altice boss Patrick Drahi’s latest mega deal will see the Netherlands-based company pay US$34.90 in cash for each share – a premium of about 22% on yesterday’s closing price – in the fourth largest US cable […]

Drahi “not ready” for TWC deal, but plans further US expansion

Altice boss Patrick Drahi has said he was “not ready” to make a bid for Time Warner Cable as part of his international expansion plans after a two-hour discussion with Time Warner Cable CEO Bob Marcus. Speaking at a French national assembly hearing yesterday, Drahi said such a large acquisition was a step too far […]

Altice steps into US cable in US$9 billion deal

Cable and telecom investor Altice, the majority owner of France’s Numericable-SFR, is moving into the US cable market with a US$9.1 billion (€8.1 billion) deal to acquire the country’s seventh largest operator, Suddenlink.  Altice will take a 70% majority stake in Suddenlink from existing shareholders BC Partners, CPP Investment Board and Suddenlink management. BC Partners […]

Netflix in talks with US cable operators

Netflix is in talks with several US cable companies with a view to making its service available via their platforms. Netflix has already started working with cable companies in Europe, inking a deal with Sweden’s Com Hem to offer its service via the cabler’s Tivo settop box, which launched last week. It has also agreed […]