0
Broadband

NY state gives green light to Altice takeover of Cablevision

Friday 17 June 2016 | 10:30 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
New York state regulators gave a conditional green light for the Altice takeover of Cablevision Systems for USD 17.7 billion, a deal that would create the fourth-largest US cable provider, Reuters reported. The unanimous approval by the New York State Public Service Commission with conditions means Altice has cleared the final regulatory hurdle to complete the transaction announced in September. Altice said it was pleased with the approval and expects to close the deal by the end of the month.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Altice Europe / Cablevision
Countries: United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Altice completes takeover of Cablevision

Published 21 Jun 2016 16:10 CET | United States
Altice said it has completed its takeover US cable operator Cablevision. The company will be merged with Suddenlink, acquired by ...

Altice to lay off Cablevision's top ten executives - report

Published 12 May 2016 10:28 CET | United States
US operator Cablevision's top ten executives are expected to be laid off in a cost-cutting move by its new parent company Altice, ...

Altice revenues fall 2.7% in Q1

Published 11 May 2016 08:31 CET | World
Altice reported a fall of 2.7 percent in first-quarter revenue to EUR 4.260 billion, hurt by weakness in its main market France. ...

Cablevision gains 9,000 customers in Q1, revenue up 1.6%

Published 05 May 2016 15:02 CET | United States
Cablevision reported an improvement in customer numbers during the first quarter, with a net gain of 9,000. The US cable ...

FCC approves Altice's Cablevision purchase

Published 04 May 2016 09:44 CET | United States
The FCC has approved Altice's USD 17.7 billion acquisition of US cable operator Cablevision from the Dolan family, finding that ...

Altice raises USD 8.6 bln for Cablevision, confirms targets

Published 01 Oct 2015 10:04 CET | Europe
Altice said it has successfully priced USD 8.6 billion of new debt in connection with its acquisition of Cablevision Systems. The ...

Altice to buy Cablevision for USD 17.7 billion

Published 17 Sep 2015 07:14 CET | United States
European telecom group Altice has reached a definitive agreement to acquire US operator Cablevision Systems for USD 17.7 billion ...





Calendar   /   Industry Events

19 Oct Capacity Europe 2020
21 Oct Ericsson Q3 2020
21 Oct Telenor Q3 2020
21 Oct DNA Q3 2020
21 Oct Netgear Q3 2020
21 Oct Crown Castle Q3
21 Oct Telia Q3 2020
21 Oct Verizon Q3 2020
21 Oct Profile: Budget Alles-in-1
22 Oct Verimatrix Q3 2020
22 Oct Econocom Q3 2020
22 Oct AT&T Q3 2020
22 Oct Limelight Networks Q3 2020
22 Oct Nordic Entertainment Q3 2020
22 Oct Intel Q3 2020
22 Oct STMicroelectronics Q3 2020
22 Oct VeriSign Q3 2020
22 Oct Rogers Q3 2020
23 Oct Doro Q3 2020
23 Oct Orange Belgium Q3 2020
23 Oct Airtel Africa H1 results
26 Oct Harmonic Q3 2020
26 Oct Alphabet Q3 2020
26 Oct Twilio Q3 2020
26 Oct CCW Europe 2020
27 Oct Microsoft fiscal Q1
27 Oct A10 Networks Q3 2020
27 Oct Juniper Networks Q3 2020
27 Oct Siminn Q3 2020
27 Oct Telefonica Brasil Q3 2020
::: More Calendar Items