Edition:
United States

Altice NV (ATCB.AS)

ATCB.AS on Amsterdam Stock Exchange

7.36EUR
8 Dec 2017
Change (% chg)

€-0.12 (-1.67%)
Prev Close
€7.49
Open
€7.66
Day's High
€7.66
Day's Low
€7.18
Volume
757,833
Avg. Vol
503,935
52-wk High
€23.40
52-wk Low
€6.44

Latest Key Developments (Source: Significant Developments)

Orange is ready to buy back shares from French state-CEO
Thursday, 7 Dec 2017 06:00am EST 

Dec 7 (Reuters) - Orange Sa ::ORANGE CEO STEPHANE RICHARD SAYS GROUP READY TO EXAMINE BUYING BACK SOME OF THE SHARES OWNED BY FRENCH STATE.ORANGE CEO RICHARD EXPECTS ALTICE TO CHANGE ITS INVESTMENT STRATEGY ON MEDIA CONTENT, FIBRE ROLL-OUT IN FRANCE, GIVEN ITS CURRENT TROUBLES.ORANGE CEO SEES "LESS FRONTAL COMPETITION" BETWEEN OPERATORS ON CONTENT IN FRANCE, POSSIBLE PARTNERSHIPS WITH FRENCH RIVALS ON CONTENT.ORANGE CEO SAYS READY TO LOOK INTO POSSIBLE "WIN-WIN" PARTNERSHIPS ON CONTENT, FIBRE IN FRANCE.ORANGE CEO SEES "VERY, VERY FEW" POSSIBLE PAN-EUROPEAN MERGERS BETWEEN LARGE TELECOMS OPERATORS, SAYS CONDITIONS NOT MET YET FOR SUCH MERGERS.  Full Article

Altice seeks to sell Dominican Republic unit to cut debt- FT
Wednesday, 22 Nov 2017 11:19pm EST 

Nov 22 (Reuters) - Altice Nv :ALTICE SEEKS TO SELL DOMINICAN REPUBLIC UNIT TO CUT DEBT- FT, CITING SOURCES‍​.  Full Article

Altice NV says not in preparation of cash raising by means of an equity or equity-linked issuance
Sunday, 19 Nov 2017 06:30pm EST 

Nov 19 (Reuters) - Altice NV ::ALTICE NV- ALTICE IS NOT IN PREPARATION OF A CASH RAISING BY MEANS OF AN EQUITY- OR EQUITY-LINKED ISSUANCE AND HAS NO INTENTION TO PURSUE SUCH ACTION​.‍NEXT ALT S.À.R.L. DOES NOT HAVE ANY MARGIN LOAN EXPOSURE TO ALTICE AND HAS NOT SOLD ANY MATERIAL NUMBER OF SHARES SINCE IPO​.‍NEXT HAS NOT SOLD ANY SHARES SINCE ALTICE IPO EXCEPT APPROXIMATELY 0.3 MILLION SHARES SOLD TO GROUP MANAGERS AS DISCLOSED IN 2016​.‍CONFIRMS ITS PLANS TO DE-LEVER ITS BALANCE SHEET AND BRING LEVERAGE IN LINE WITH OR BELOW ITS STATED TARGETS OVER TIME​.‍ALTICE REITERATES THAT IT WILL NOT PURSUE ANY NEW MEANINGFUL M&A OPPORTUNITIES​.‍CERTAIN NON-CORE ASSETS HAVE ALREADY BEEN IDENTIFIED INCLUDING ALTICE'S TOWER PORTFOLIO​.‍ALTICE HAS INITIATED PROCESSES TO EFFECT DISPOSALS AS EARLY AS FIRST HALF OF 2018​.‍ALTICE CONFIRMS THAT IT HAS NO MARGIN LOAN EXPOSURE WITH RESPECT TO ITS OWNERSHIP IN ALTICE USA​.  Full Article

Altice CEO Combes resigns
Thursday, 9 Nov 2017 07:07pm EST 

Nov 10 (Reuters) - ALTICE NV ::REG-ALTICE NV : FOUNDER- AND OWNER-OPERATED ALTICE OPERATIONAL MANAGEMENT AND GOVERNANCE.REORGANIZATION OF ITS GROUP MANAGEMENT AND GOVERNANCE IN CONJUNCTION WITH RESIGNATION TODAY OF MICHEL COMBES, ALTICE N.V. CEO​.PATRICK DRAHI WILL BE APPOINTED AS PRESIDENT OF BOARD OF ALTICE N.V​.DEXTER GOEI WILL BE APPOINTED AS CEO OF ALTICE N.V.​.DENNIS OKHUIJSEN IS APPOINTED ALTICE EUROPE CEO​.ALAIN WEILL, SFR MEDIA CEO, IS APPOINTED SFR GROUP CHAIRMAN AND CEO, AND ALTICE MEDIA COO.  Full Article

Altice announces share repurchase programme periodic update
Tuesday, 7 Nov 2017 12:15pm EST 

Nov 7 (Reuters) - Altice Nv - :Repurchased 2.1 million Altice common shares A from Oct 30 up to and including Nov 2 at an average price of 16.1731 euros for Altice common shares A.Repurchased 124,782 Altice common shares B from Oct 30 up to and including Nov 2 at average price 16.1811 euros for Altice common shares B.  Full Article

Altice USA is 'extremely focused' on operations, not acquisitions-CEO
Friday, 3 Nov 2017 11:16am EDT 

Nov 3 (Reuters) - Altice NV Altice USA :Altice USA's chief Dexter Goei says U.S. unit is 'extremely focused on operational side of the business', not acquisitions.  Full Article

Altice USA reports third quarter 2017 results
Thursday, 2 Nov 2017 04:30pm EDT 

Nov 2 (Reuters) - Altice USA Inc :Altice USA reports third quarter 2017 results.Q3 revenue $2.327 billion versus I/B/E/S view $2.32 billion.Altice USA Inc qtrly loss per share $‍0.25​.Altice USA - ‍total unique residential B2C customer relationship net losses of negative 8,000 in Q3, driven by normal seasonality at optimum​.Altice USA Inc - ‍capex is still expected to increase through remainder of 2017 and into 2018​.Altice USA Inc - ‍programming costs increased 3 percent YoY in Q3​.Altice USA - ‍advertising revenue decreased 4.8 percent YoY in Q3 primarily due to declines in political, auto and retail advertising​.Altice USA - announces launch of ‍'Altice One,' a new connectivity platform​.Altice USA - ‍Altice One launching in select areas of long island next week, will roll out across co's footprint in coming months​.Q3 earnings per share view $-0.02 -- Thomson Reuters I/B/E/S.  Full Article

Altice re-starts 1 bln euros share buyback programme
Monday, 16 Oct 2017 02:00am EDT 

Oct 16 (Reuters) - Altice Nv ::* Existing share repurchase programme announced on August 28, 2017 is suspended.* New programme to repurchase shares also in closed periods will commence today and will continue until November 2, 2017.* As part of its buyback programme, Altice intends to purchase Altice common shares A and Altice common shares B on Euronext Amsterdam for an aggregate market value equivalent to up to €1 billion (taking into account the shares already purchased under the existing share repurchase programme).* Altice will use the common shares A and common shares B repurchased in connection with this programme respectively to meet obligations arising from share option plans and to reduce its share capital..  Full Article

Altice announces a squeeze-out of SFR group shares
Tuesday, 10 Oct 2017 02:22am EDT 

Oct 10(Reuters) - ALTICE NV ::ANNOUNCED ON MONDAY SQUEEZE-OUT OF SFR GROUP SHARES NOT HELD BY ALTICE GROUP AT OUTCOME OF BUYOUT OFFER.SFR GROUP SHARES HAVE THEREFORE BEEN DELISTED FROM EURONEXT PARIS.SQUEEZE-OUT HAS BEEN IMPLEMENTED AT PRICE OF THE BUYOUT OFFER, I.E. CASH PAYMENT OF EUR 34.50 PER SFR GROUP SHARE, NET OF ALL COSTS.  Full Article

Altice's pursuit of Charter slows- CNBC
Wednesday, 20 Sep 2017 10:16am EDT 

Sept 20 (Reuters) - :Altice's pursuit of Charter slows- CNBC, citing sources.  Full Article

Photo

Orange's boss Richard promises investors more of the same

PARIS/LONDON Orange's boss Stephane Richard told investors on Thursday he will stick with plans to invest heavily in upgrading networks rather than content as he bids for a third term to lead France's biggest telecoms operator.