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Tag: altice
Altice offers to buy rest of SFR in share swap
2016-09-05 10:58:00| Telecompaper Headlines
(Telecompaper) Altice has proposed buying out the remaining 22.25 percent of French operator it does not yet own. The company is offering eight new Altice class A shares for each five SFR shares, with no minimum acceptance threshold for the offer. The acquisition is part of a broader effort by Altice to streamline its operations in order to increase synergies across the group, including with its newly acquired US activities. Altice said the offer also providers SFR's shareholders with a stake in a company with a greater free float and liquidity in its shares. SFR's board has approved the offer, after obtaining an independent opinion deeming the offer fair in financial terms for minority shareholders.
Altice accelerates transformation, buys up suppliers
2016-09-05 09:11:00| Telecompaper Headlines
(Telecompaper) Altice announced plans to accelerate the transformation of its recent acquisitions and further vertically integrate the company. The announcement follows the takeover of Cablevision and creation of Altice USA to run its activities in the US. Altice said it plans to make its "core strategic, operational and technical capabilities available to its subsidiaries in a more centralized manner to maximize the powerful impact on their operational and financial performance". Altice's subsidiaries will benefit "even more from the know-how, methodologies, best practices, processes and unique services of the Altice management team" as the company accelerates the roll-out of the "Altice Way". In addition, Altice intends to insource certain technical and customer care capabilities by taking control of Parilis (including its subsidiary ERT Group), a historical supplier of Altice in the area of network deployment, upgrade and maintenance, and Intelcia, a customer services supplier to Altice.
Tags: suppliers
transformation
buys
accelerates
Altice to take full control of SFR
2016-09-05 02:00:00| Total Telecom industry news
Cable group to apply 'Altice Way' strategy to its various cable subsidiaries, acquires network rollout, customer service suppliers.
Altice earnings up on strength in US
2016-08-10 02:00:00| Total Telecom industry news
Cable group also predicts revenue and adjusted EBITDA trends will continue to improve in France.
Tags: us
strength
earnings
altice
Europe compensates for Altice' US subscriber losses in 2Q 2016
2016-08-09 10:30:46| Digital TV News
Altice (Euronext: ATC NA and ATCB NA) has announced results for the quarter ended June 30, 2016. Having closed the Cablevision acquisition, Altice USA has become the 4th largest cable operator in the US market.
Tags: europe
losses
subscriber
compensates
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