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Tag: altice
Altice wins English Premier League rights for three seasons
2015-11-27 01:00:00| Total Telecom industry news
French cable and telecoms group to start offering top-flight English football from August 2016 after signing exclusive content deal.
Tags: rights
english
premier
league
Altice heralds fibre expansion in France, Portugal
2015-11-12 01:00:00| Total Telecom industry news
French firm talks up its fibre rollout targets in two markets, but stays mum on investment involved.
Tags: france
portugal
expansion
fibre
Altice to sell 30% stake in Cablevision to investors
2015-10-27 08:45:00| Telecompaper Headlines
(Telecompaper) Altice announced an agreement to sell 30 percent of Cablevision to BC Partners and the Canada Pension Plan Investment Board. Altice agreed in September to buy the US cable operator for a total USD 17.7 billion. It will sell the 30 percent stake for USD 1.0 billion to the two partners, who also participated in Altice's takeover of the US cable operator Suddenlink. The shareholders agreement between Altice, BCP and CPPIB for Cablevision is on similar terms to the Suddenlink transaction announced in May, Altice said. The acquisition of Cablevision is expected to close in the first half of 2016, pending regulatory approvals.
Altice sells $1bn stake in Cablevision to Suddenlink partners
2015-10-27 01:00:00| Total Telecom industry news
French firm inks shareholder agreement with BC Partners, Canada Pension Plan Investment Board for 30% stake in second U.S. cable acquisition.
Tags: partners
sells
stake
cablevision
Altice raises USD 8.6 bln for Cablevision, confirms targets
2015-10-01 10:04:00| Telecompaper Headlines
(Telecompaper) Altice said it has successfully priced USD 8.6 billion of new debt in connection with its acquisition of Cablevision Systems. The new debt was split into a USD 3.8 billion 7-year senior secured Term Loan B, a USD 1.0 billion 10-year worth of senior guaranteed notes and USD 3.8 billion worth of 7-year and 10-year senior unsecured notes. Altice confirmed its guidance for achieving medium term EBITDA margin targets of 45 percent at Numericable-SFR and 50 percent at Altice International. It also remains confident in its previously announced medium term operating expenditures related cost savings and synergies targets of EUR 200 million at Portugal Telecom, USD 215 million at Suddenlink and USD 900 million at Cablevision.
Tags: usd
targets
raises
confirms
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