Saturday, 18 November 2017

Altice to acquire Cablevision for $17.7bn

By Nick Wood, Total Telecom
Thursday 17 September 15

Latest acquisition makes Netherlands-based conglomerate the fourth-largest cable operator in the U.S.

Altice on Thursday agreed to acquire U.S. cableco Cablevision in a deal worth US$17.7 billion, the latest step in the Netherlands-based telco group's aggressive global expansion plan. Cablevision's network passes 5 million premises across New York, New Jersey and Connecticut, and it currently serves 3.1 million residential and business customers…

Altice on Thursday agreed to acquire U.S. cableco Cablevision in a deal worth US$17.7 billion, the latest step in the Netherlands-based telco group's aggressive global expansion plan. Cablevision's network passes 5 million premises across New York, New Jersey and Connecticut, and it currently serves 3.1 million residential and business customers…

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