ATCA.AS
Latest Trade
5.15EURChange
0.02(+0.47%)Volume
375,597Today's Range
-
5.1752 Week Range
-
5.71As of on the Euronext Amsterdam Stock Exchange ∙ Minimum 15 minute delay
Previous Close | 5.13 |
|---|---|
Open | 5.12 |
Volume | 375,597 |
3M AVG Volume | 158.73 |
Today's High | 5.17 |
Today's Low | 5.10 |
52 Week High | 5.71 |
52 Week Low | 1.54 |
Shares Out (MIL) | 1,194.01 |
Market Cap (MIL) | 6,285.18 |
Forward P/E | -8.41 |
Dividend (Yield %) | -- |
Altice Europe Has Attracted Firm Bids For Portuguese Fibre Asset - Drahi
Altice Europe Q3 Adjusted EBITDA Beats Company-Compiled Poll, reiterates FY guidance
Altice Europe To Start Buy Back Shares Once It Reaches Leverage Ratio Of 4.25 - Drahi
Altice Europe NV, formerly Altice NV, is a company based in the Netherlands that operates as a multinational telecommunications and content provider. The Company provides fixed and mobile broadband Internet to residential, business and wholesale customers in four geographical segments: France, covering operations in France and French Overseas Territories through SFR and associated brands; Portugal, operating through the Meo brand; Israel, which excludes wholesale clients, but includes content distribution, and covers the activities of the HOT and HOT Mobile brands, and Dominican Republic, operating through the Tricom and Altice brands. The Company has two additional segments: Teads, which provides digital advertising solutions, and Altice TV, which covers the use of content rights in France. The Company's original and licensed content offering is based on four main themes: News, Press, Sport and Entertainment.
Industry
Communications Services
Executive Leadership
Jurgen van Breukelen
Independent Non-Executive Chairman of the Board
Patrick Drahi
President, Executive Director
Alain Weill
Chief Executive Officer, Executive Director
Malo Corbin
Chief Financial Officer
Armando Pereira
Chief Operating Officer
Price To Earnings (TTM) | 4.66 |
|---|---|
Price To Sales (TTM) | 0.44 |
Price To Book (MRQ) | -- |
Price To Cash Flow (TTM) | 0.98 |
Total Debt To Equity (MRQ) | -- |
LT Debt To Equity (MRQ) | -- |
Return on Investment (TTM) | 4.21 |
Return on Equity (TTM) | 3.13 |
Debt-ridden telecoms and cable company Altice Europe <ATCA.AS> said it would acquire French fiber wholesale operator Covage for about 1 billion euros ($1.1 billion), expanding the range of its fiber network business.
Telecoms and cable company Altice Europe said on Monday that its SFR FTTH unit had agreed to buy French fibre wholesale operator Covage for around 1 billion euros ($1.1 billion).
The sale of Altice's Portuguese fiber optic network is expected soon and is likely to be a minority stake of 40-49%, company executives said on Thursday.
Altice is analysing offers it has received in the last few months for its Portuguese fibre optic network and expects the long-awaited sale to happen "very soon," the telecoms firm said on Thursday.
Altice Europe <ATCA.AS>, the debt-ridden telecoms and cable group controlled by Franco-Israeli tycoon Patrick Drahi, reported better-than-expected third-quarter results on Wednesday, driven by the turnaround of its French subsidiary.
Orange, France's biggest telecoms operator, stopped broadcasting free of charge TV channels controlled by rival Altice Europe in France on Thursday morning as a dispute on fees intensified, a spokesman said.
Altice Europe's shares jumped to their highest level in two years on Thursday, after the cable and telecoms group raised its full-year financial targets.
Cable and telecoms group Altice Europe lifted its full-year targets on Wednesday after its French division swung back to growth in the second quarter, signalling that a turnaround was underway in its main market.
Billionaire Patrick Drahi said on Monday he would remain focused on his main telecoms and media businesses and would not sell any shares in his Altice Europe NV business to fund his acquisition of Sotheby's auction house.
Billionaire Patrick Drahi said on Monday he would remain focused on his main telecoms and media businesses and would not sell any shares in his Altice Europe NV business to fund his acquisition of Sotheby's auction house.
Altice Europe founder Patrick Drahi said on Thursday that lower costs, a rise in profit and growth in new customers in key market France signaled the turnaround of his telecoms and cable group was underway, just 18 months after the stock slumped 60 percent.
Telecoms and cable group Altice Europe said good commercial performance in France and lower costs boosted first-quarter core profit by four percent.
Telecoms and cable company Altice Europe will save more than 110 million euros ($123 million) annually after refinancing debt in a deal that it said would strengthen its financial position.
Telecoms and cable company Altice Europe said it had successfully refinanced debt in a deal which would strengthen its financial position and result in cash savings.
* Shares reverse earlier losses (Adds details, shares reaction)
Altice Europe's SFR French unit saw its first-quarter core operating profit grow by 2 percent as the company's expenses fell, according to a regulatory filing issued on Tuesday by the Luxembourg-based direct holding company.
Telecoms and cable group Altice Europe is betting on a rebound of its French business to speed up debt repayments after a year of heavy promotions took a toll on its profits.
Telecoms and cable group Altice Europe said on Thursday it expected a return to growth in France in 2019 after a year of heavy promotions that dented profits but helped it gain market share.
Altice Europe has hired Morgan Stanley to review options for its business in Israel as Franco-Israeli founder Patrick Drahi wants to streamline the heavily indebted group and raise cash to take part in France's 5G auction, sources told Reuters.
Altice Europe has hired Morgan Stanley to review options for its business in Israel as Franco-Israeli founder Patrick Drahi wants to streamline the heavily indebted group and raise cash to take part in France's 5G auction, sources told Reuters.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.