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Tag: altice
Michel Combes becomes Altice CEO
2016-06-21 02:00:00| Total Telecom industry news
Dexter Goei to head up cable group's new U.S. operation as part of top management restructure.
Altice gets final regulatory OK for Cablevision buy
2016-06-16 02:00:00| Total Telecom industry news
European cable group expects to close $17.7 billion deal before the end of this month.
Tags: buy
final
regulatory
cablevision
Altice, HP Labs spin-off Leia to develop holographic phone
2016-05-23 21:51:00| Telecompaper Headlines
(Telecompaper) Altice has allied with Holographic systems specialist Leia to make its mark as an innovative, customer-focused group. The startup formed in 2014 was formed by David Fattal, Zhen Peng and Pierre-Emmanuel Evreux as a technology spin-off from Hewlett-Packard laboratories. According to the partners, this strategic initiative combines Leia's Holographic Reality technology platform and Altice's content and media ecosystem to provide Altice customers with "an entirely new digital experience via the sharing of 3D selfies, holographic video communication, interactive games and a host of other special apps." Altice, whose R&D base Altice Labs, is in Portugal, intends to roll out the future product in its current markets of France, Belgium, Luxembourg, Portugal, Israel and the Dominican Republic.
Tags: phone
develop
labs
holographic
Altice drops Virgin Mobile brand in France
2016-05-23 08:33:00| Telecompaper Headlines
(Telecompaper) Altice has dropped the Virgin Mobile brand in France, marking the completion of the MVNO's integration with the low-cost brand Red by SFR, AFP reports. Altice started closing Virgin Mobile stores earlier this year, then stopped selling smartpones and fixed plans online. Now Altice has ceased sales of Virgin Mobile products, but existing customers are not migrated automatically. Those who want to move to Red by SFR are sent a new Sim card, contract and request for direct debit.
Tags: france
mobile
brand
virgin
Altice revenues fall 2.7% in Q1
2016-05-11 08:31:00| Telecompaper Headlines
(Telecompaper) Altice reported a fall of 2.7 percent in first-quarter revenue to EUR 4.260 billion, hurt by weakness in its main market France. Revenues were down 6.1 percent to EUR 2.573 billion at SFR in France, while its new US business Suddenlink recorded 9.0 percent higher sales at EUR 570 million. The other international activities grew by 1.3 percent to EUR 1.138 billion. Altice said revenue trends were improving on a sequential basis and it still expects to meet its outlook for 2016 of an improving trend in group revenue on a constant currency basis, mid-single digit growth in adjusted EBITDA and flat to slightly lower operating free cash flow due to accelerated investments. Group adjusted EBITDA was up 0.9 percent in Q1 to EUR 1.615 billion, and operating free cash flow increased 1.1 percent to EUR 899 million.
Tags: fall
revenues
q1
revenues fall
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