July 26, 2016 6:09 AM ET

Media

Company Overview of Altice N.V.

Company Overview

Altice N.V., through its subsidiaries, operates as a cable, fiber, telecommunications, contents, and media company primarily in Western Europe, the United States, Israel, the Dominican Republic, and internationally. It provides pay television, broadband Internet and fixed line telephony, and mobile telephony services to residential and corporate customers. The company offers its services under the green.ch, HOT, MCS TV, Numericable BeLux, Numericable-SFR, Orange Dominicana, Portugal Telecom, SFR Caraibe, Suddenlink, and Tricom brands. It has a strategic partnership with NextRadioTV for the development of multimedia projects. The company was founded in 2002 and is headquartered in Amsterdam, ...

Prins Bernhardplein 200

Amsterdam,  1097JB

Netherlands

Founded in 2002

37,506 Employees

Key Executives for Altice N.V.

Altice N.V. does not have any Key Executives recorded.

Altice N.V. Key Developments

Altice Considering A Sale Of Its Operations In Belgium

Altice N.V. (ENXTAM:ATC) is considering the sale of its operations in Belgium. Altice recently acquired a majority interest in the Belgian cableco Coditel Brabant in 2003 for €82 million and went on to give it the same Numericable branding as its French sister company. Multinational telecoms investment group is reportedly considering the sale of its operations in Belgium, with the unit valued at up to €500 million ($567 million) according to a report from the Financial Times.

Altice Eyes Acquisitions

Altice N.V. (ENXTAM:ATC) is looking for acquisition opportunities. Altice could target more U.S. growth through acquisitions, a top executive said, after the European telecoms group completed a $17.7 billion deal to buy Cablevision Systems ( CVC.N ), its second U.S. multi-billion cable purchase in under a year. "We will continue to grow through acquisitions, either by buying more cable in other geographies in the country or by looking at other revenue streams," Dexter Goei, Chairman and Chief Executive Officer of Altice USA, said in an interview. "There's a lot of large players and a lot of medium size players such as ourselves who may look to partner up or do things," he said.

Altice N.V. Announces Executive Changes

Altice N.V. Appointed Michel Combes as chief executive officer of the company with immediate effect. He will continue his day-to-day responsibilities for the Altice Group and have all operating affiliates, country CEOs and corporate functions report to him. Michel Combes will lead Altice`s executive committee. In his new role, Michel Combes will continue to provide the critical leadership he has given since joining as chief operating officer with a particular focus on operational excellence, service innovation and group collaboration. Michel Combes will also join the board of Altice N.V. as director. Patrick Drahi will step down from his position as president of Altice N.V. As founder and controlling shareholder of Altice, he will continue to set out the strategic, operational and technological agenda for the group. To this effect, Patrick Drahi will lead the newly formed Altice Group Advisory Council.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 27, 2016
Groupe Altice Media SA
Merger/Acquisition
April 27, 2016
NextRadioTV SA
Merger/Acquisition
April 15, 2016
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