Altice not interested in America Movil’s KPN stake – report

Ambitious cable-to-mobile group Altice is not interested in bidding for America Movil’s 21 per cent stake in Dutch operator KPN, following renewed speculation about the Latin American giant’s intentions for its shares in the company. America Movil reclassified its investment …

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Altice responds on employment, investment fears following Bouygues offer

Altice attempted to address the controversy raised by its bid for French operator Bouygues Telecom, which it said is worth “a minimum of €10 billion”. Politicians expressed anxiety about the bid’s potential to destroy jobs, but Altice said it would …

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SFR-Numericable’s bid for Bouygues Telecom faces growing political opposition

France’s Prime Minister, Manuel Valls, said five issues need to be weighed with SFR-Numericable’s €10 billion bid for Bouygues Telecom: impact on employment, network investment, innovation, customer service and whether proceeds from the country’s upcoming 4G spectrum will be reduced. …

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Numericable-SFR launches €10B takeover bid for Bouygues Telecom

France’s Numericable-SFR launched a takeover bid for Bouygues Telecom, in a deal that would displace Orange as the country’s largest mobile player. The proposed combination, which reportedly values number three player Bouygues at €10 billion, will have significant impact on France’s …

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AlcaLu’s outgoing CEO set for Altice top spot – report

Alcatel-Lucent’s outgoing chief executive Michel Combes is reportedly set to join Europe’s ambitious communications group Altice, once the sale of the French vendor to Nokia is completed. According to Challenges magazine, Combes, who announced his resignation as an independent non-executive …

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Brazil’s Oi plans further disposals to chip away at debt

Even after closing the sale of PT Portugal, the CEO of Brazilian operator Oi is still looking for more ways to pay down debt, according to a Financial Times report. Selling part of the operator’s real-estate portfolio or doing the same …

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Altice closes €5.8B PT Portugal deal

Altice, the ambitious European cable and mobile operator, completed the acquisition of the domestic assets of Portugal Telecom, known as PT Portugal. Completing the sale is a further step in Altice’s ambitions which has seen it become a significant force in …

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Altice chairman “seriously considered” KPN takeover bid – report

Patrick Drahi, chairman and founder of Altice – an increasingly acquisitive European cable and mobile group – reportedly weighed up a bid for Dutch incumbent KPN, but eventually pulled out because the price was too high. News of Drahi’s apparent …

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SFR-Numericable sees revenue fall as parent Altice talks up quadplay prospects

A near five per cent fall in revenue at France’s SFR-Numericable pulled down Q1 2015 numbers for parent Altice. Revenue in France fell by 4.7 per cent, to €2.74 billion, driven downwards by an 8.7 per cent fall in consumer …

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