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Altice France agrees EUR 3.6 bln equity partnership to roll out FTTH network
2018-11-30 10:25:00| Telecompaper Headlines
(Telecompaper) Altice France has entered into an exclusivity agreement with a group of investors to sell a 49.99 percent stake in SFR FTTH, a new fibre venture that will bring fibre connectivity to 5 million French premises. Allianz Capital Partners (ACP), AXA Investment Managers and Canadian investment firm Omers Infrastructure will acquire the stake for a total cash consideration of EUR 1.8 billion, based on a EUR 3.6 billion equity value. SFR FTTH will sell access to its network as a wholesaler, pledging to offer the same terms to all operators, including Altice France's SFR business, with no minimum volume commitments.
Altice nets 1.8bn from partial sale of its French fibre unit
2018-11-30 01:00:00| Total Telecom industry news
Altice Europe has confirmed the sale of a 49.99 per cent stake in its French fibre network business, SFR FTTH. The stake has been sold to three investment funds, raising €1.8 billion. Altice Europe's share price rocketed on the Amsterdam Stock Exchange following news of the sale…read more on TotalTele.com »
Tags: sale
french
unit
partial
Last week in telecoms: Altice and KCOM weak on Q3 results, Italy in focus
2018-11-26 07:00:00| Telecompaper Headlines
(Telecompaper) Week 47 left two heavy casualties, British KCOM and Altice Europe. Italian microcap Tiscali was the week's winner. Excluding these outliers, the stocks in our European telecoms index moved within a fairly narrow range of +7 to -9 percent. Overall, our index lost 0.4 percent for the week, outperforming the EuroStoxx 50 index (-1.4%).
Altice Europe results continue lower in Q3 as SFR still under pressure
2018-11-22 08:41:00| Telecompaper Headlines
(Telecompaper) Altice Europe reported revenue for the third quarter of EUR 3.44 billion, down 6.1 percent from a year earlier on a continued decline in its main market France as well as slightly lower revenues in Portugal and Israel. Adjusted EBITDA fell 10.4 percent to EUR 1.30 billion.
Tags: under
results
still
continue
Altice introduces Altice One OS version 2.0
2018-11-19 16:30:33| Digital TV News
Altice USA (NYSE:ATUS) has unveiled its Altice One OS 2.0, an update to its Altice One platform that adds enhanced mobility and more advanced features, including the ability to watch Cloud DVR content on the go on the Altice One mobile app.
Tags: version
introduces
altice
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