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General

Altice planning to sell Dominican Republic unit - report

Thursday 23 November 2017 | 08:59 CET | News
Altice is looking to sell its recently-merged telecommunications unit in the Dominican Republic, according to unnamed sources cited by the Financial Times. The sale of Altice Dominican Republic would form part of the parent company's plan to de-leverage its balance sheet and improve finances by selling non-core assets, including its tower portfolio, as early as the first half of 2018.The news comes just days after Altice confirmed the merger of its Orange Dominicana and Tricom units after Dominican Republic watchdog Indotel finally approved the transaction.

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Categories: General
Companies: Altice / Orange Dominicana / Tricom
Countries: Dominican Republic
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Belgium  |  2017 Q3