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General

Altice USA and asset sales expected to keep Altice Europe afloat

Tuesday 9 January 2018 | 16:25 CET | Author: Tim Poulus | Background
Altice has updated its strategy. The main elements are splitting Altice USA and Altice Europe and reorganising Altice Europe. Both companies are highly leveraged. In the US, growth is ensuring that the debt falls to more acceptable levels, while the European activities will get a boost from a dividend from the US company and the sale of low-margin activities. 

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Categories: General
Companies: Altice / Optimum / Sprint / Suddenlink
Countries: Dominican Republic / France / Portugal / United States
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