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FCC approves Altice's Cablevision purchase

Wednesday 4 May 2016 | 09:44 CET | News
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The FCC has approved Altice's USD 17.7 billion acquisition of US cable operator Cablevision from the Dolan family, finding that the transaction was in the public interest and noting that Altice had pledged to invest in upgrading Cablevision's broadband service. Cablevision has 3.1 million subscribers mainly in New York, New Jersey and Connecticut. Reuters reports that the transaction still requires the approval of the state of New York and New York City. 

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Categories: Fixed
Companies: Altice Europe / Cablevision / FCC
Countries: United States
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