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Verizon, Altice Deal Seen Likely, Not Cablevision

2015-09-10 19:56:34| IT Services - Topix.net

Altice has touted plans to expand further in the U.S., though Jason Bazinet, an analyst at Citigroup, says Verizon's FiOS residential business on the East Coast is bigger than New York-based Cablevision and makes a more attractive target. "With Cablevision's equity already at around 28, we believe the market is pricing in significant M&A premium into the stock," wrote Bazinet in a research report.

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Combes becomes Altice COO, Numericable-SFR chairman

2015-09-01 08:41:00| Telecompaper Headlines

(Telecompaper) French telecom group Altice has appointed 25-year telecom industry veteran Michel Combes as group COO in charge of international operations and chairman of cable and wireless operator Numericable-SFR. Combes was most recently CEO of equipment maker Alcatel-Lucent and was previously CEO of Vodafone Europe, chairman and CEO of TDF and CFO and senior executive vice president of France Telecom, now Orange.

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Michel Combes becomes Altice COO

2015-09-01 02:00:00| Total Telecom industry news

Former Alcatel-Lucent chief executive takes key role at French cable group.

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Telecoms expert Combes joins Drahi's Altice

2015-08-31 21:15:44| Telecom - Topix.net

European telecoms group Altice on Monday named sector expert Michel Combes as its chief operating officer and as chairman of its Numericable-SFR mobile phone business to help accelerate its expansion. Combes is joining a company controlled by billionaire Patrick Drahi, who has been on a buying spree that saw his group buy Vivendi's SFR, the second-biggest French mobile firm, to create Numericable-SFR.

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