News The offer, announced last night, would have seen Bouygues Telecom, Iliad, and Orange divide the company’s assets between them Late last night, reports revealed that a Bouygues, Iliad, and Orange had joined forces to put together a €17 billion offer to buy and...
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Altice eyes exit from SFR as debt talks continue
News The deal is drawing early interest from global telcos and investors, while Altice continues its debt restructuring Altice is considering the sale of its controlling stake in SFR, with a potential transaction valuing the telecoms operator at up to €30 billion,...
Altice offloads BT stake to Airtel as debt pressure grows
The deal will see Altice UK’s 24.5% stake in the business transferred gradually to India’s second largest telco group, Bharti Airtel
STC turns its gaze to Vodafone Portugal after collapse of Altice deal
According to anonymous sources speaking to Jornal Económico, Saudi Arabia’s telecoms giant STC is considering acquiring Vodafone Portugal.
Altice’s corruption investigation woes spill into France
A report from Bloomberg has revealed that French prosecutors have launched their own preliminary investigations into persons linked to Altice, in parallel to separate investigations by Portuguese authorities.
Investors lining up to bid for Altice France’s fibre biz
According to a report from Bloomberg, numerous major players are lining up to bid for Altice Group’s 50.1% stake in XpFibre, France’s largest alterative fibre-to-the-home (FTTH) wholesaler.
Portugal Telecom shareholders OK Altice deal
Oi makes progress with plan to focus on its Brazilian operations; names new CEO.
Altice enters US cable market with $9.1bn Suddenlink buy
French cable group acquires regional player with 1.5 million residential customers; pledges to improve network investment, service innovation.
Iliad’s Xavier Niel shows interest in Altice Portugal
Billionaire Xavier Niel, who owns French telco Iliad, has expressed an interested in purchasing Altice Portugal, according to a report from Bloomberg . Altice Portugal, which is part of Altice Group and serves customers using the brand name Meo, is owned by French billionaire Patrick Drahi, who indicated his intention to sell the unit in summer last year.
STC eyes up Altice Portugal
Saudi Telecom Company (STC) are considering the potential acquisition of Altice Portugal, which is owned by billionaire Patrick Drahi, according to a Bloomberg report citing anonymous sources
Altice to sell control of data centre business
French telecoms company Altice has entered into an exclusivity agreement to partner with Morgan Stanley. As part of the deal, Altice France is set to sell a 70% share if its data centre business to Morgan Stanley for €535 million, which will create a new venture named UltraEdge, which will operate 257 data centre and office space across France.
Vodafone and Altice begin German fibre rollout through new joint venture
News The joint venture is the largest fibre optic alliance in Germany, and is equally owned by the two firms, each taking a 50% stake Vodafone Germany and Altice have begun fibre deployment in Germany, through their joint venture OXG Galsfaser. The joint venture,...
Altice co-founder detained in corruption scandal
News Armando Pereira, co-founder and former COO of Altice, was arrested late last week as part of a sweeping investigation into corruption, tax fraud, and money laundering Armando Pereira, Portugal’s richest man and co-founder of the country's largest telecoms...
Altice bumps stake in BT to just under 25%
News The international telecoms group owned by French billionaire Patrick Drahi said the increased stake indicated support for BT’s strategy and was not step towards a potential takeover Today, Altice UK has revealed that it has increased its stake in BT to 24.5%....
Vodafone and Altice get greenlight for German fibre JV
News With the deal now rubberstamped by the European Commission, the operators hope to close the deal by September This week, the European Commission has announced that it has given its approval for the creation of Vodafone and Altice’s new German broadband firm,...
Vodafone and Altice partner for German fibre JV
NEWS The new FibreCo aims to deploy fibre-to-the-home (FTTH) to up to seven million homes over the next six years Today, Vodafone and Altice have announced a new 50:50 joint venture (JV) for the German fibre market. The newly formed FibreCo will invest up to €7...
Altice stung by ransomware group Hive
NEWS Reports suggest that Altice International was the subject of a cyberattack earlier this month, but the scale of the attack has yet to be announced Today, a report from RedPacket Security suggests that France’s second largest operator, Altice, has been hit by a...
UK govt calls off probe into Altice’s stake in BT
News The government deems no further action necessary after investigating Altice’s increased stake in BT on the grounds of national security This week, the UK government has dropped its security probe into Altice UK’s increased stake in national operator BT, saying it...
Altice USA seemingly selling Suddenlink
Sources report that Goldman Sachs has been hired to assist in the sale of the cable unit, which could raise as much as $20 billion
French regulator approves Altice France €415m purchase of Coriolis Telecom
The deal will see Altice take full control of mobile virtual network operator (MVNO) Coriolis, incorporating roughly 500,000 subscribers
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