France was the star performer for Altice’s European operations in the second quarter. What is more, the number of customers in the country increased by over 500,000 in the first half of the year.
Altice USA has completed its official separation from its parent Altice, which is listed on the Amsterdam stock exchange.
Altice has said it will not put forward any new remedies in its proposed purchase of Portugal’s Media Capital.
Altice Portugal has added Brazil’s TV Globo channel on its Meo platform, available both in HD and SD.
Altice says its renewed operational focus is already leading to improved subscriber numbers. Fibre additions in France were the best for two years while in Portugal they were at their highest ever.
The Portuguese Competition Authority (Autoridade da Concorrência – AdC) has launched an investigation into the acquisition of Media Capital by Altice.
Orange would be interesting in acquiring PT Portugal should Altice put the company up for sale.
Altice said it plans to separate Altice USA from Altice NV to be effected by a spin-off of Altice NV’s 67.2% interest in Altice USA.
A comprehensive new agreement for the distribution of M6 Group channels and their associated services to SFR (Altice) subscribers has been welcomed by both sides.
The Altice group is on the brink of launching a new DTH platform for France, using the Eutelsat 5 West A satellite.