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Tag: altice
Altice USA completes acquisition of Morris Broadband
2021-04-06 22:20:54| Digital TV News
Altice USA (NYSE: ATUS) has closed its acquisition of the assets of Morris Broadband. Morris Broadband is a communications services company providing high-speed data, video and voice services in western North Carolina.
Tags: usa
acquisition
morris
broadband
Altice USA residential video RGUs down 74,000 in 4Q 2020
2021-02-10 22:30:30| Digital TV News
Altice USA (NYSE: ATUS) has reported results for the period ended December 31, 2020. Reported quarterly video net losses were -74k in Q4 2020. Reported organic Residential Video net losses were -237k in FY 2020.
Tags: video
usa
residential
rgus
Is Altice Europes takeover by its billionaire founder unlawful?
2020-12-04 01:00:00| Total Telecom industry news
Back in September, Patrick Drahi (pictured), the billionaire founder of Altice Europe, announced that he would be taking the company private through a €2.5 billion takeover via his company Next Private. Drahi already owns 77.6% of the company. “This transaction will allow Altice Europe to more successfully and effectively achieve its goals in a private and fully owned environment…read more on TotalTele.com »
Tags: founder
unlawful
takeover
billionaire
Altice France returns to EBITDA growth, as revenues rise 4% in Q3
2020-11-20 10:44:00| Telecompaper Headlines
(Telecompaper) Altice Europe's French operations reported an improving trend in financial performance for the three months to September, while the customer base experienced significantly lower net additions, particularly in the mobile segment. Revenues progressed 4.0 percent year-on-year to EUR 2.75 billion (+0.2% in Q2), as growth picked up in telecom activities and the contraction in the Media business eased considerably. Adjusted EBITDA rose 2.8 percent to EUR 1.08 billion, following the 1.0 percent drop reported in the June quarter.
Tags: in
france
returns
growth
Parasitic investment operators: Altice Portugal lashes out at controversial 5G spectrum auction rules
2020-11-12 01:00:00| Total Telecom industry news
Portugal’s regulator ANACOM announced the rules for its upcoming auction of 5G spectrum last week and the reception from the country’s existing operators has been frosty to say the least. The rule which appears to be the most contentious is ANACOM’s decision to encourage new market entrants to participate in the auction…read more on TotalTele.com »
Tags: rules
portugal
investment
auction