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Altice buying Cablevision for $17.7B as it expands in US
2015-09-17 04:43:18| Telecom - Topix.net
European telecommunications and cable company Altice has agreed to buy New York cable operator Cablevision for $17.7 billion, including debt, according to a person familiar with the matter. The person spoke on condition of anonymity because the deal had not been formally announced.
French telecom giant Altice to buy Cablevision in $9 billion sale
2015-09-17 04:43:17| Telecom - Topix.net
The Dolan family is saying au revoir to Cablevision , selling the flagship cable company it founded more than 40 years ago to France's telecom giant Altice, The Post has learned. The surprise $9 billion sale, expected to be announced this week, also includes the Long Island tabloid Newsday and local Channel 12, sources close to the deal said.
Altice to acquire Cablevision for $17.7bn
2015-09-17 02:00:00| Total Telecom industry news
Latest acquisition makes Netherlands-based conglomerate the fourth-largest cable operator in the U.S.
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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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U.S. judge tells Cablevision to stop calling Verizon 'liar'
2015-08-12 04:50:48| Wireless - Topix.net
A U.S. judge has ordered Cablevision Systems Corp to stop running advertisements accusing rival Verizon Communications Inc of lying about having the fastest wireless network. The ruling on Monday by U.S. Magistrate Judge Gary Brown in Central Islip, New York, comes days after he ruled against Cablevision's own bid to block Verizon from advertising that it had the "fastest WiFi available" for misleading consumers.
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