Suspended Altice Executive Leaves Drahi’s Telecoms Empire

  • Fonseca was also chairman of the Altice units in Portugal, US
  • He temporarily stepped down in July amid a corruption probe
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Alexandre Fonseca, the former co-chief executive officer of Altice, is leaving the company six months after Portuguese prosecutors opened a corruption investigation into individuals connected to the telecommunications group.

The 49-year-old, who ran the group’s Portuguese unit when the alleged acts of corruption, money laundering and tax fraud took place, has not been named as a suspect by prosecutors and has denied any wrongdoing.