Altice
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Patrick Drahi’s Altice Group is reported to be considering various sell-offs of its telecoms assets across Europe. -
French company Altice now owns 50% of Vodafone’s fibre-to-the-home (FTTH) company in Germany.
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Vodafone and Altice have set up a new company to upgrade up to 7 million cable homes in Germany and to offer wholesale fibre connections to all-comers.
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After the UK government announced it would take no further action on Altice’s increased BT stake, a full takeover cannot be ruled out.
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As several companies from around the world share their Q2 results, here is a financial round-up with all the key points.
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NTT’s mobile specialist Transatel has activated its 5G internet of things (IoT) service in France and plans global expansion.
Forthcoming events
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Altice France has entered into an exclusivity agreement to acquire French independent telecom group Coriolis Télécom.
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Patrick Drahi’s Next Alt S.à r.l, through its subsidiary Altice UK, has purchased a 12% stake in UK incumbent telco, BT, valued at approximately £2.2 billion ($3.1 billion).
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Patrick Drahi has succeeded in persuading Altice Europe’s shareholders let him take the company private.
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The European Commission has officially approved the €1 billion proposed acquisition of Covage by SFR FTTH controlled by Altice, Allianz and Omers.
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Patrick Drahi is to take Altice Europe private, he and the company announced this morning.
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The Canadian family that owns Cogeco and Cogeco Communications is opposing a US$7.8 billion bid from Altice USA to buy it outright and sell part of its operation to Rogers Communications.
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Alexandre Pébereau’s Tofane Global has completed the acquisition of the international carrier unit of Portuguese operator NOS.
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There were 2,416,135 cases of people infected with Covid-19 and 165,939 dead, as of 20 April, 12:35 (BST).
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Capacity shares 5 key stories from around the world making headlines today!
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Alexandre Pébereau, the former Orange executive who has built up Tofane Global over the past three years, has acquired the international carrier business of Portuguese operator NOS.
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Altice Europe has confirmed that it wants to buy Israeli mobile operator Partner Communications, though it will not say for how much.
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Altice Europe is moving ahead with the planned sale of a stake in its fibre network in Portugal, according to 60% owner Patrick Drahi (pictured).
Forthcoming events
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