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Altice USA, Rogers agree CAD 10.3 bln takeover bid for Cogeco
2020-09-02 16:01:00| Telecompaper Headlines
(Telecompaper) Altice USA has made a bid to acquire Canadian operator Cogeco, valuing the company at CAD 10.3 billion. The deal would give the company Atlantic Broadband, the ninth-largest cable company in the US, while Cogeco's Canadian assets would be sold to Rogers Communications, which is already a large shareholder in the company.
Altice USA makes offer for Cogeco to get hold of Atlantic Broadband
2020-09-02 16:00:19| Digital TV News
Altice USA (NYSE: ATUS) has presented an offer to acquire Cogeco. Altice USA plans to sell Cogeco's Canadian assets to Rogers Communications (TSX:RCI.A and RCI.B, NYSE: RCI) so as to be left with ownership of Atlantic Broadband.
Altice USA to sell just under half of enterprise unit Lightpath for USD 2.3 bln cash
2020-07-29 09:03:00| Telecompaper Headlines
(Telecompaper) Altice USA has agreed to sell just under half of its Lightpath fibre enterprise business to Morgan Stanley Infrastructure Partners, in a deal that implies an enterprise value of USD 3.2 billion. The transaction is expected to close in the fourth quarter.
Altice USA completes acquisition of Service Electric
2020-07-14 23:30:06| Digital TV News
Altice USA (NYSE: ATUS) has announced that it has closed the acquisition of Service Electric. With the acquisition, Altice USA extends its footprint into neighboring communities in New Jersey.
Tags: service
usa
electric
acquisition
Altice France's EBITDA growth slows to 1.6% in Q1
2020-05-21 10:39:00| Telecompaper Headlines
(Telecompaper) Altice Europe's French operations generated revenues of EUR 2.64 billion in the first quarter, up 3.6 percent year-on-year (+13.3% in Q4). EBITDA rose 1.6 percent to 975 million, marginally below analysts' consensus forecast. The EBITDA growth rate slowed down sequentially from 19.6 percent in the previous quarter. The French subsidiary continued to account for 73 percent of Altice Europe's revenues, broadly stable year-on-year.