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Altice NV (ATCB.AS)

ATCB.AS on Amsterdam Stock Exchange

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Latest Key Developments (Source: Significant Developments)

CSC Holdings Announces Pricing Of Senior Guaranteed Notes
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Altice USA Inc ::CSC HOLDINGS, LLC ANNOUNCES PRICING OF SENIOR GUARANTEED NOTES.CSC HOLDINGS - PRICING OF OFFERING OF $1,000.0 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF SENIOR GUARANTEED NOTES DUE 2028.  Full Article

CSC Holdings Announces Allocation Of New Incremental Term Loan Facility
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - ALTICE NV ::CSC HOLDINGS, LLC ANNOUNCES ALLOCATION OF NEW INCREMENTAL TERM LOAN FACILITY.CSC HOLDINGS - ANNOUNCES PRICING, ALLOCATION OF NEW $1,500 MILLION INCREMENTAL TERM LOAN FACILITY UNDER EXISTING CREDIT AGREEMENT DATED AS OF OCT 9, 2015.  Full Article

Altice Says French Division's Revenue Declined By About 2 Percent In 2017
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Altice Nv ::ALTICE SAYS FRENCH DIVISION'S REVENUE DECLINED BY ABOUT 2 PERCENT IN 2017.ALTICE EXPECTS FRENCH UNIT TO GENERATE BETWEEN 1.6 AND 1.7 BILLION EUROS IN OPERATING FREE CASH FLOW IN 2018, UNDER NEW PERIMETER.  Full Article

Altice CEO Says New Reorganization Will Improve Transparency, Simplify Management Structure - Conf Call‍​
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Altice Nv ::CEO SAYS ACQUISITION STRATEGY FOR ALTICE USA “CLEARLY NOT A FOCUS TODAY” - CONF CALL‍​.CEO SAYS COMPANY WILL LOOK AT OTHER NON-CORE DIVESTITURES - CONF CALL‍​.ALTICE CEO SAYS NEW REORGANIZATION WILL IMPROVE TRANSPARENCY, SIMPLIFY MANAGEMENT STRUCTURE - CONF CALL‍​.  Full Article

Altice N.V. Announces Altice USA Spin-Off, New Altice Europe Structure
Tuesday, 9 Jan 2018 

Jan 8 (Reuters) - Altice N.V. ::ALTICE ANNOUNCES GROUP REORGANIZATION, ALTICE USA SPIN-OFF AND NEW ALTICE EUROPE STRUCTURE.SAYS SEPARATION OF ALTICE USA FROM ALTICE NV TO BE EFFECTED BY SPIN-OFF OF ALTICE NV'S 67.2% INTEREST IN ALTICE USA.ALTICE FOUNDER PATRICK DRAHI TO CONTROL BOTH ALTICE EUROPE AND ALTICE USA‍​.SAYS ALTICE EUROPE TO REORGANIZE ITS STRUCTURE INTO ALTICE FRANCE, ALTICE INTERNATIONAL AND NEWLY FORMED ALTICE PAY TV SUBSIDIARY.POST-SEPARATION, DRAHI WILL SERVE AS PRESIDENT OF ALTICE EUROPE BOARD AND CHAIRMAN OF ALTICE USA BOARD.BOARD OF ALTICE USA APPROVED PAYMENT OF $1.5 BILLION CASH DIVIDEND TO ALL SHAREHOLDERS IMMEDIATELY PRIOR TO COMPLETION OF SEPARATION.ALTICE USA BOARD HAS AUTHORIZED SHARE REPURCHASE PROGRAM OF $2 BILLION, EFFECTIVE AFTER COMPLETION OF SEPARATION.SAYS PAYMENT OF $1.5 BILLION CASH DIVIDEND WILL BE FUNDED WITH AVAILABLE OPTIMUM REVOLVING FACILITY CAPACITY AND A NEW FINANCING AT OPTIMUM.ALTICE EUROPE REORGANIZATION TO INCLUDE INTEGRATING ALTICE'S SUPPORT SERVICES BUSINESSES INTO THEIR RESPECTIVE MARKETS.CO'S OWNERSHIP OF ALTICE TECHNICAL SERVICES U.S. TO BE TRANSFERRED TO ALTICE USA BEFORE COMPLETION OF SEPARATION FOR NOMINAL CONSIDERATION.ALTICE EUROPE REORGANIZATION TO INCLUDE BUNDLING ITS PREMIUM CONTENT ACTIVITIES INTO SEPARATELY FUNDED OPERATING UNIT WITH ITS OWN P&L.SAYS EACH CO SHAREHOLDER WILL BE ENTITLED TO RECEIVE 0.4163 OF A SHARE OF ALTICE USA COMMON STOCK FOR EVERY ALTICE NV SHARE.  Full Article

‍Altice Nv Altice Intends To Reduce Its Share Capital By Cancelling Treasury Shares​
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Altice Nv ::On June 28, 2017, the general meeting of Altice N.V. granted authority to the Board to cancel common shares A and common shares B in the share capital of the company held by the company..On December 4, 2017, the Board of Altice N.V resolved to cancel 416,000,000 common shares A and 1,307,716 common shares B held by the company. The cancellation of such shares will become effective in accordance with the provisions of Dutch law.. ​.  Full Article

Orange is ready to buy back shares from French state-CEO
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Orange Sa ::ORANGE CEO STEPHANE RICHARD SAYS GROUP READY TO EXAMINE BUYING BACK SOME OF THE SHARES OWNED BY FRENCH STATE.ORANGE CEO RICHARD EXPECTS ALTICE TO CHANGE ITS INVESTMENT STRATEGY ON MEDIA CONTENT, FIBRE ROLL-OUT IN FRANCE, GIVEN ITS CURRENT TROUBLES.ORANGE CEO SEES "LESS FRONTAL COMPETITION" BETWEEN OPERATORS ON CONTENT IN FRANCE, POSSIBLE PARTNERSHIPS WITH FRENCH RIVALS ON CONTENT.ORANGE CEO SAYS READY TO LOOK INTO POSSIBLE "WIN-WIN" PARTNERSHIPS ON CONTENT, FIBRE IN FRANCE.ORANGE CEO SEES "VERY, VERY FEW" POSSIBLE PAN-EUROPEAN MERGERS BETWEEN LARGE TELECOMS OPERATORS, SAYS CONDITIONS NOT MET YET FOR SUCH MERGERS.  Full Article

Altice seeks to sell Dominican Republic unit to cut debt- FT
Thursday, 23 Nov 2017 

Nov 22 (Reuters) - Altice Nv :ALTICE SEEKS TO SELL DOMINICAN REPUBLIC UNIT TO CUT DEBT- FT, CITING SOURCES‍​.  Full Article

Altice NV says not in preparation of cash raising by means of an equity or equity-linked issuance
Monday, 20 Nov 2017 

Nov 19 (Reuters) - Altice NV ::ALTICE NV- ALTICE IS NOT IN PREPARATION OF A CASH RAISING BY MEANS OF AN EQUITY- OR EQUITY-LINKED ISSUANCE AND HAS NO INTENTION TO PURSUE SUCH ACTION​.‍NEXT ALT S.À.R.L. DOES NOT HAVE ANY MARGIN LOAN EXPOSURE TO ALTICE AND HAS NOT SOLD ANY MATERIAL NUMBER OF SHARES SINCE IPO​.‍NEXT HAS NOT SOLD ANY SHARES SINCE ALTICE IPO EXCEPT APPROXIMATELY 0.3 MILLION SHARES SOLD TO GROUP MANAGERS AS DISCLOSED IN 2016​.‍CONFIRMS ITS PLANS TO DE-LEVER ITS BALANCE SHEET AND BRING LEVERAGE IN LINE WITH OR BELOW ITS STATED TARGETS OVER TIME​.‍ALTICE REITERATES THAT IT WILL NOT PURSUE ANY NEW MEANINGFUL M&A OPPORTUNITIES​.‍CERTAIN NON-CORE ASSETS HAVE ALREADY BEEN IDENTIFIED INCLUDING ALTICE'S TOWER PORTFOLIO​.‍ALTICE HAS INITIATED PROCESSES TO EFFECT DISPOSALS AS EARLY AS FIRST HALF OF 2018​.‍ALTICE CONFIRMS THAT IT HAS NO MARGIN LOAN EXPOSURE WITH RESPECT TO ITS OWNERSHIP IN ALTICE USA​.  Full Article

Altice CEO Combes resigns
Friday, 10 Nov 2017 

Nov 10 (Reuters) - ALTICE NV ::REG-ALTICE NV : FOUNDER- AND OWNER-OPERATED ALTICE OPERATIONAL MANAGEMENT AND GOVERNANCE.REORGANIZATION OF ITS GROUP MANAGEMENT AND GOVERNANCE IN CONJUNCTION WITH RESIGNATION TODAY OF MICHEL COMBES, ALTICE N.V. CEO​.PATRICK DRAHI WILL BE APPOINTED AS PRESIDENT OF BOARD OF ALTICE N.V​.DEXTER GOEI WILL BE APPOINTED AS CEO OF ALTICE N.V.​.DENNIS OKHUIJSEN IS APPOINTED ALTICE EUROPE CEO​.ALAIN WEILL, SFR MEDIA CEO, IS APPOINTED SFR GROUP CHAIRMAN AND CEO, AND ALTICE MEDIA COO.  Full Article

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Drahi hits Altice reset button to court wary investors

PARIS/NEW YORK Altice founder Patrick Drahi is reshaping his telecoms and cable group for the second time in as many months by splitting its U.S. and European operations, hoping to end a drastic downward share-price spiral. | Video