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Altice U.S. Statement On Transaction By Altice Europe N.V.
Altice USA Inc Says Priced An Offering Of $1,100.0 Million Senior Guaranteed Notes Due 2030
Altice Europe: COVID-related Lockdown Slowed Down Networks Deployment in France-Drahi
Altice Europe NV, formerly Altice NV, is a company based in the Netherlands that operates as a multinational telecommunications and content provider. The Company provides fixed and mobile broadband Internet to residential, business and wholesale customers in four geographical segments: France, covering operations in France and French Overseas Territories through SFR and associated brands; Portugal, operating through the Meo brand; Israel, which excludes wholesale clients, but includes content distribution, and covers the activities of the HOT and HOT Mobile brands, and Dominican Republic, operating through the Tricom and Altice brands. The Company has two additional segments: Teads, which provides digital advertising solutions, and Altice TV, which covers the use of content rights in France. The Company's original and licensed content offering is based on four main themes: News, Press, Sport and Entertainment.
Prins Bernhardplein 200
Jurgen van Breukelen
Independent Non-Executive Chairman of the Board
President, Executive Director
Chief Executive Officer, Executive Director
Chief Financial Officer
Chief Operating Officer
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Telecoms and cable group Altice Europe <ATCA.AS> posted on Wednesday a slightly worse-than-expected first-quarter core profit, though it made net subscriber gains against the challenging backdrop of the coronavirus pandemic.
* Q1 TOTAL REVENUE EUR 3.63 BILLION VERSUS EUR 3.63 BILLION IN COMPANY-COMPILED CONSENSUS
Telecoms and cable group Altice Europe posted on Wednesday a slightly worse-than-expected first-quarter core profit, though it made net subscriber gains against the challenging backdrop of the coronavirus pandemic.
Telecoms and cable company Altice Europe <ATCA.AS> sold on Monday a stake of about 50% in its Portuguese fibre network to Morgan Stanley Infrastructure Partners <MS.N> for around 2.3 billion euros ($2.5 billion).
Telecoms and media company Altice Europe <ATCA.AS> said on Tuesday that its subsidiary known as 'HOT' had ended talks over the possible purchase of Israel's Partner Communications <PTNR.TA>.
Telecoms and cable group Altice Europe <ATCA.PA>, which has not paid a dividend since it was incorporated, on Sunday pledged not to pay a dividend to shareholders, citing the current coronavirus crisis.
Telecom group Altice Europe said on Sunday it would not pay out a dividend to shareholders.
* SFR plans to tap France's unemployment scheme - sources (Adds details, background, Drahi quote)
Telecoms and cable group Altice Europe reported better-than-expected quarterly earnings on Tuesday, as its main French division continued to add subscribers in both its fixed and mobile businesses.
Altice Europe's <ATCA.AS> 'HOT' subsidiary has offered to buy Israeli firm Partner Communications <PTNR.TA>, in what would be the first major merger in Israel's telecom sector and the latest acquisition for Franco-Israeli billionaire Patrick Drahi.
Telecoms and cable group Altice Europe, which has been looking to reduce its debt burden, has overhauled its capital structure to extend the maturity of its borrowings and cut costs.
Telecoms and cable group Altice Europe, which has been looking to reduce its debt burdens, said on Friday that it had simplified its capital structure.
Cellnex Telecom SA <CLNX.MC> said on Thursday that it has agreed to buy Portuguese telecommunication tower operator OMTEL for around 800 million euros (£680 million) from Altice Europe NV <ATCA.AS> and funds controlled by Morgan Stanley Infrastructure Partners.
Telecoms and cable group Altice Europe <ATCA.AS> said on Friday it would sell a 50% stake in its Portuguese fibre network to Morgan Stanley Infrastructure Partners <MS.N> for 2.3 billion euros ($2.5 billion) to help pay down its debt.
Debt-ridden telecoms and cable company Altice Europe <ATCA.AS> said it would acquire French fibre wholesale operator Covage for about 1 billion euros ($1.1 billion), expanding the range of its fibre network business.
The sale of Altice's <ATCA.AS> Portuguese fibre optic network is expected soon and is likely to be a minority stake of 40-49%, company executives said on Thursday.
Altice is analysing offers it has received in the last few months for its Portuguese fibre optic network and expects the long-awaited sale to happen "very soon," the telecoms firm said on Thursday.
Altice Europe <ATCA.AS>, the debt-ridden telecoms and cable group controlled by Franco-Israeli tycoon Patrick Drahi, reported better-than-expected third-quarter results on Wednesday, driven by the turnaround of its French subsidiary.
Orange, France's biggest telecoms operator, stopped broadcasting free of charge TV channels controlled by rival Altice Europe in France on Thursday morning as a dispute on fees intensified, a spokesman said.
Merlin Entertainments <MERL.L>, the operator of Sea Life centres and Legoland theme parks in Europe, North America and Asia, named Anne-Francoise Nesmes as its new chief financial officer from Aug. 1.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.