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Altice USA revenues rise 4.1%, EBITDA margins hit record levels in Q3

2018-11-06 09:06:00| Telecompaper Headlines

(Telecompaper) Altice USA said it delivered its best financial performance in the third quarter, though TV losses continued to plague customer numbers. Revenues for the quarter went 4.1 percent higher to USD 2.42 billion, driven by Residential growth of 2.4 percent, Business Services rising 6 percent and advertising revenue jumping 37.8 percent.  

Tags: usa record hit levels

 

Altice confirms talks to find fibre partner in Europe

2018-10-03 15:55:00| Telecompaper Headlines

(Telecompaper) Altice Europe has confirmed recent reports that it's looking for investors to help accelerate its fibre roll-out. In a statement, the company said it started a strategic review of its fibre infrastructure "to further accelerate its deployment and is exploring financial partnerships". 

Tags: find partner europe talks

 
 

Altice Europe Q2 revenues fall 5%, EBITDA down 10%

2018-08-02 08:46:00| Telecompaper Headlines

(Telecompaper) Altice Europe said it's making progress on its turnaround plans, but reported a further fall in results for the second quarter. Revenues dropped 4.8 percent to EUR 3.48 billion, and adjusted EBITDA was down 10.3 percent to EUR 1.32 billion. The margin fell to 37.8 percent from 40.1 percent a year ago. 

Tags: down fall europe revenues

 

Altice sells off Dominican Towers Business for $170m

2018-07-30 02:00:00| Total Telecom industry news

Altice Europe has agreed to sell off its Telecommunications Towers Business in the Dominican Republic, according to a company release. Phoenix Tower International will purchase 100 per cent of Teletorres del Caribe for a total of $170 million…read more on TotalTele.com »

Tags: business dominican sells towers

 

Last week in telecoms: M&A positive for Veon, negative for Inmarsat and Altice

2018-07-09 07:30:00| Telecompaper Headlines

(Telecompaper) Last week's share price performances were positive enough to bring our European telecoms index back to a level we hadn't seen since the middle of May. Veon was the absolute winner, followed by Turk Telekom (+12%). The three Belgain shares in our basket showed strong recovery from recent weakness: Telenet (+12%), Proximus (+7.7%) and Orange BE (+6.9%). We also recorded some double digit losses, for Telekom Slovenije, Inmarsat and Polish Play Communications (-11%).

Tags: week positive negative telecoms

 

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