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Altice France posts 15.6% drop in EBITDA in Q4, expects return to growth in 2019

2019-03-29 10:52:00| Telecompaper Headlines

(Telecompaper) Altice expects a return to revenue and EBITDA growth in 2019 for its French operations, as SFR continued to add customers in both the consumer fixed and mobile markets during the fourth quarter. The company is guiding for revenue growth between 3 and 5 percent for the current year, after a fall of 4.3 percent in 2018, and adjusted EBITDA of EUR 4.0-4.1 billion, up from EUR 3.8 billion last year. The operating free cash flow for 2018 (EUR 1.52 billion) was in line with management expectations.

Tags: in france return posts

 

Altice Europe completes the sale of a minority stake in its SFR FTTH initiative

2019-03-29 01:00:00| Total Telecom industry news

Altice Europe has completed the sale of a 49.99 per cent stake in the SFR Fibre to the Home (FTTH) initiative, to a consortium of international buyers.  The international consortium…read more on TotalTele.com »

Tags: sale europe initiative minority

 
 

Altice France threatens to pull TV channels from Free's platform

2019-03-12 12:28:00| Telecompaper Headlines

(Telecompaper) Altice France has sent an ultimatum to Iliad after failing to agree new terms for the distribution of four of its TV channels (RMC Decouverte, RMC Story, BFM TV and BFM Business). This set of channels, mostly available on a free-to-air basis over DTT, forms part of Altice France's SFR Media operations. After the end of the contract, due to expire on 20 March, they could stop being available for Freebox customers, said the company in a statement seen by BFM Business.

Tags: france channels platform pull

 

Last week in telecoms: M&A rumours circling KPN, Sunrise, Altice

2019-02-04 07:00:00| Telecompaper Headlines

(Telecompaper) Year-to-date, the TPSI European Telecoms is up 0.6 percent, lagging the EuroStoxx 50's gain of 5.7 percent. The heavy-weights Vodafone (-9.2%) and Deutsche Telekom (-4.1%) put a strain on the sector. The biggest winners include Turk Telekom (+28%) and Turkcell (+20%), as well as Liberty Global (+16%). Several German shares are performing particularly badly, such as United Internet (-10%), Telefonica Deutschland (-11%), Tele Columbus (-17%) and Drillisch (-18%). Iliad (-20%) is the weakest share in our index.

Tags: week sunrise telecoms rumours

 

Altice France enters exclusive talks to acquire OTT platform Molotov

2019-01-30 11:34:00| Telecompaper Headlines

(Telecompaper) OTT platform Molotov announced on Twitter that it is holding exclusive talks with SFR's parent Altice France on the future development of its streaming service. As part of the negotiations, Altice France plans to acquire a majority stake in Molotov, which will continue to operate under its own brand.

Tags: france exclusive platform talks

 

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