Altice, through its subsidiary Altice France, and Numericable-SFR have made an official offer to Vivendi to acquire the 20% stake it owns in Numericable-SFR for €40 a share.
Portugal Telecom’s shareholders have approved the sale of its Portuguese assets to Altice.
Altice has completed its purchase of Portugal Telecom, paying Brazil’s Oi €7.4 billion.
Altice has made a binding and fully financed offer to purchase the Portuguese assets of Portugal Telecom from Brazil’s Oi.
Zappware has been selected by the Altice Group to provide its multiscreen Over-The-Top (OTT) solution.
Teleste will be covering Altice’s needs for its DOCSIS 3.1 broadband access network equipment for another five years.
Altice has acquired a 34.6% stake in Numericable from Carlyle Cable Investments and CCI (Cinven) and applied for listing of new ordinary shares.
Altice Group, which owns the cablenet Cabovisao, is suing the Portuguese Football League claiming it has failed to honour its contract with Ma Chaine Sport channel (MCS).
French cablenet Numericable is to buy the interests of Virgin Mobile in the country.
French cablenet Altice has raised an additional €911 million through the issue of 17.9 million ordinary shares.