Altice will finance the purchase with the help of $6.7 billion of new and existing debt at Suddenlink, a $500 million vendor loan note from BC Partners and CPP Investment Board, and $1.2 billion of ...
Cable giant Altice USA has confirmed it has put its telcom Suddenlink assets up for a sale after fielding interest from several buyers. Altice USA CEO Dexter Goei, during an analyst call Wednesday, ...
NEW YORK (AP) — There’s a new player in the U.S. cable dating game. European cable and mobile phone operator Altice, controlled by founder Patrick Drahi, is fixing its sights on the U.S. market ...
French telecom giant Altice now owns the No. 7 U.S. cable company: It just closed its $9.1 billion deal to buy 70% of Suddenlink, which has 1.45 million residential customers in 17 states. The cable ...
NEW YORK -- There's a new player in the U.S. cable dating game. European cable and mobile phone operator Altice, controlled by founder Patrick Drahi, is fixing its sights on the U.S. market starting ...
Altice USA has struggled to maintain revenue growth recently—more than cable peers Comcast and Charter—as it battles stiff competition from Verizon in the New York market. It has broken from its peers ...