Altice Europe


Altice to spin off US operation & reorganise European unit

Netherlands-headquartered telco Altice is to spin off its US operation and restructure its European and pay TV assets in a major reorganisation that saw its share price rise sharply. Company founder Patrick Drahi will take direct control of both European and US operations. Among the changes is a plan to turn Altice’s premium content activities […]

Drahi steps in as Altice CEO resigns

Michel Combes has resigned as Altice chairman and CEO following the company’s worse-than-expected quarterly results last week. Altice’s share price sank by a over a quarter following the results that highlighted a poor performance by French unit SFR in particular and spooked investors concerned about the company’s debt level. With Combes having fallen on his […]