Altice USA Sees No Material Impact After Corruption Probe

  • Company says internal investigation is substantially complete
  • Probe by broadband provider followed inquiry in Portugal
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Altice USA Inc. said an internal probe sparked by a corruption investigation in Portugal is “substantially complete” and not expected to have a material financial impact on the US business.

Altice, a broadband provider, discussed the probe during an investors callBloomberg Terminal Wednesday after reporting third-quarter resultsBloomberg Terminal.