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Altice Europe snaps up French fibre specialist Covage for 1bn

2019-11-26 01:00:00| Total Telecom industry news

Altice Europe has announced that it's French fibre subsidiary, SFR FTTH, is to acquire France's fourth largest fibre to the home (FTTH) provider, Covage, for €1 billion. Covage's network currently comprises 2…read more on TotalTele.com »

Tags: french europe specialist fibre

 

Altice fibre JV to acquire French infrastructure operator Covage for EUR 1 bln

2019-11-25 10:13:00| Telecompaper Headlines

(Telecompaper) Altice Europe announced that its French fibre venture SFR FTTH has agreed to acquire infrastructure operator Covage for a total cash consideration of EUR 1.0 billion. The deal was reached with the operator's two main shareholders, private equity firm Partners Group and Cube Infrastructure Fund. The latter was reported to have hired Morgan Stanley earlier this year to find a buyer for its 50 percent stake in Covage.

Tags: eur french operator infrastructure

 
 

Altice France continues growth trend momentum in Q3

2019-11-14 09:18:00| Telecompaper Headlines

(Telecompaper) Altice Europe has confirmed its full-year targets and medium-term guidance as its French and international subsidiaries continued to report an improving revenue trend for the third quarter. In France, Altice generated revenues of EUR 2.65 billion in the period, up 7.2 percent year-on-year (+4.0% in Q2), as SFR benefited from ongoing customer gains. Adjusted EBITDA rose 9.0 percent to EUR 1.05 billion (+10.1% in Q2), while the adjusted EBITDA margin increased to 39.8 percent, up by 0.7 percentage points since Q3 2018.

Tags: france growth continues trend

 

Altice CEO: Portugal has surrendered its leadership position on mobile connectivity

2019-10-29 01:00:00| Total Telecom industry news

Altice Portugal’s CEO, Alexandre Fonseca pulled no punches at the Total Telecom congress today, as he accused Portugal’s telecoms regulator of squandering a leadership position on mobile connectivity…read more on TotalTele.com »

Tags: mobile position portugal leadership

 

Amazon Prime Video to be made available on Altice One

2019-09-16 17:30:46| Digital TV News

Altice USA (NYSE: ATUS) and Amazon (NASDAQ: AMZN) have announced plans to launch Amazon Prime Video on the Altice One entertainment and connectivity platform, providing access to the entire Prime Video catalog, for Altices Optimum and Suddenlink customers.

Tags: one made video amazon

 

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