Altice Europe NV (ATCA.AS)
23 May 2019
PARIS Altice Europe founder Patrick Drahi said on Thursday that lower costs, a rise in profit and growth in new customers in key market France signaled the turnaround of his telecoms and cable group was underway, just 18 months after the stock slumped 60 percent.
* Core profit up in France on better sales, lower costs (Adds details, background, founder quote)
PARIS, May 9 Telecoms and cable group Altice Europe said good commercial performance in France and lower costs boosted first-quarter core profit by four percent.
PARIS Telecoms and cable company Altice Europe will save more than 110 million euros ($123 million) annually after refinancing debt in a deal that it said would strengthen its financial position.
PARIS, May 6 Telecoms and cable company Altice Europe will save more than 110 million euros ($123 million) annually after refinancing debt in a deal that it said would strengthen its financial position.
PARIS, May 6 Telecoms and cable company Altice Europe said it had successfully refinanced debt in a deal which would strengthen its financial position and result in cash savings.
* Shares reverse earlier losses (Adds details, shares reaction)
PARIS, April 30 Altice Europe's SFR French unit saw its first-quarter core operating profit grow by 2 percent as the company's expenses fell, according to a regulatory filing issued on Tuesday by the Luxembourg-based direct holding company.
PARIS Telecoms and cable group Altice Europe is betting on a rebound of its French business to speed up debt repayments after a year of heavy promotions took a toll on its profits.
* Explores further asset sales (Adds details, background, quote)