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.
Vivendi, Altice and Numericable have confirmed a definitive agreement in the sale of the SFR mobile network to Numericable.
Altice has acquired a further 2.6% stake in Numericable Group, picking up equity previously held by Pechel and Five Arrows.
Vivendi agreed to sell SFR, France’s second-largest mobile operator, to Altice/Numericable in a deal that could value the business at more than €17 billion.
Vivendi has reached an agreement to sell its French mobile subsidiary, SFR, to cable operator /Numericable, according to Les Echos.
Altice shares climbed 4.5% to €29.53 on the first day of trading in Amsterdam, giving the company a market value of €6.1 billion.
Altice S.A, the holding company of the Numericable cable nets, has announced it intends to launch an IPO on the Amsterdam Stock Exchange.
Altice, the investment vehicle of Patrick Drahi, has taken its share in French cablenet Numericable to 40%.