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Integrated Telecommunications Services

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Altice CEO Says New Reorganization Will Improve Transparency, Simplify Management Structure - Conf Call‍​

Monday, 8 Jan 2018 08:25pm EST

Jan 9 (Reuters) - Altice Nv ::CEO SAYS ACQUISITION STRATEGY FOR ALTICE USA “CLEARLY NOT A FOCUS TODAY” - CONF CALL‍​.CEO SAYS COMPANY WILL LOOK AT OTHER NON-CORE DIVESTITURES - CONF CALL‍​.ALTICE CEO SAYS NEW REORGANIZATION WILL IMPROVE TRANSPARENCY, SIMPLIFY MANAGEMENT STRUCTURE - CONF CALL‍​.

Altice CEO Says New Reorganization Will Improve Transparency, Simplify Management Structure - Conf Call‍​

Monday, 8 Jan 2018 08:25pm EST

Jan 9 (Reuters) - Altice Nv ::CEO SAYS ACQUISITION STRATEGY FOR ALTICE USA “CLEARLY NOT A FOCUS TODAY” - CONF CALL‍​.CEO SAYS COMPANY WILL LOOK AT OTHER NON-CORE DIVESTITURES - CONF CALL‍​.ALTICE CEO SAYS NEW REORGANIZATION WILL IMPROVE TRANSPARENCY, SIMPLIFY MANAGEMENT STRUCTURE - CONF CALL‍​.

Altice N.V. Announces Altice USA Spin-Off, New Altice Europe Structure

Monday, 8 Jan 2018 06:24pm EST

Jan 8 (Reuters) - Altice N.V. ::ALTICE ANNOUNCES GROUP REORGANIZATION, ALTICE USA SPIN-OFF AND NEW ALTICE EUROPE STRUCTURE.SAYS SEPARATION OF ALTICE USA FROM ALTICE NV TO BE EFFECTED BY SPIN-OFF OF ALTICE NV'S 67.2% INTEREST IN ALTICE USA.ALTICE FOUNDER PATRICK DRAHI TO CONTROL BOTH ALTICE EUROPE AND ALTICE USA‍​.SAYS ALTICE EUROPE TO REORGANIZE ITS STRUCTURE INTO ALTICE FRANCE, ALTICE INTERNATIONAL AND NEWLY FORMED ALTICE PAY TV SUBSIDIARY.POST-SEPARATION, DRAHI WILL SERVE AS PRESIDENT OF ALTICE EUROPE BOARD AND CHAIRMAN OF ALTICE USA BOARD.BOARD OF ALTICE USA APPROVED PAYMENT OF $1.5 BILLION CASH DIVIDEND TO ALL SHAREHOLDERS IMMEDIATELY PRIOR TO COMPLETION OF SEPARATION.ALTICE USA BOARD HAS AUTHORIZED SHARE REPURCHASE PROGRAM OF $2 BILLION, EFFECTIVE AFTER COMPLETION OF SEPARATION.SAYS PAYMENT OF $1.5 BILLION CASH DIVIDEND WILL BE FUNDED WITH AVAILABLE OPTIMUM REVOLVING FACILITY CAPACITY AND A NEW FINANCING AT OPTIMUM.ALTICE EUROPE REORGANIZATION TO INCLUDE INTEGRATING ALTICE'S SUPPORT SERVICES BUSINESSES INTO THEIR RESPECTIVE MARKETS.CO'S OWNERSHIP OF ALTICE TECHNICAL SERVICES U.S. TO BE TRANSFERRED TO ALTICE USA BEFORE COMPLETION OF SEPARATION FOR NOMINAL CONSIDERATION.ALTICE EUROPE REORGANIZATION TO INCLUDE BUNDLING ITS PREMIUM CONTENT ACTIVITIES INTO SEPARATELY FUNDED OPERATING UNIT WITH ITS OWN P&L.SAYS EACH CO SHAREHOLDER WILL BE ENTITLED TO RECEIVE 0.4163 OF A SHARE OF ALTICE USA COMMON STOCK FOR EVERY ALTICE NV SHARE.

Altice N.V. Announces Altice USA Spin-Off, New Altice Europe Structure

Monday, 8 Jan 2018 06:24pm EST

Jan 8 (Reuters) - Altice N.V. ::ALTICE ANNOUNCES GROUP REORGANIZATION, ALTICE USA SPIN-OFF AND NEW ALTICE EUROPE STRUCTURE.SAYS SEPARATION OF ALTICE USA FROM ALTICE NV TO BE EFFECTED BY SPIN-OFF OF ALTICE NV'S 67.2% INTEREST IN ALTICE USA.ALTICE FOUNDER PATRICK DRAHI TO CONTROL BOTH ALTICE EUROPE AND ALTICE USA‍​.SAYS ALTICE EUROPE TO REORGANIZE ITS STRUCTURE INTO ALTICE FRANCE, ALTICE INTERNATIONAL AND NEWLY FORMED ALTICE PAY TV SUBSIDIARY.POST-SEPARATION, DRAHI WILL SERVE AS PRESIDENT OF ALTICE EUROPE BOARD AND CHAIRMAN OF ALTICE USA BOARD.BOARD OF ALTICE USA APPROVED PAYMENT OF $1.5 BILLION CASH DIVIDEND TO ALL SHAREHOLDERS IMMEDIATELY PRIOR TO COMPLETION OF SEPARATION.ALTICE USA BOARD HAS AUTHORIZED SHARE REPURCHASE PROGRAM OF $2 BILLION, EFFECTIVE AFTER COMPLETION OF SEPARATION.SAYS PAYMENT OF $1.5 BILLION CASH DIVIDEND WILL BE FUNDED WITH AVAILABLE OPTIMUM REVOLVING FACILITY CAPACITY AND A NEW FINANCING AT OPTIMUM.ALTICE EUROPE REORGANIZATION TO INCLUDE INTEGRATING ALTICE'S SUPPORT SERVICES BUSINESSES INTO THEIR RESPECTIVE MARKETS.CO'S OWNERSHIP OF ALTICE TECHNICAL SERVICES U.S. TO BE TRANSFERRED TO ALTICE USA BEFORE COMPLETION OF SEPARATION FOR NOMINAL CONSIDERATION.ALTICE EUROPE REORGANIZATION TO INCLUDE BUNDLING ITS PREMIUM CONTENT ACTIVITIES INTO SEPARATELY FUNDED OPERATING UNIT WITH ITS OWN P&L.SAYS EACH CO SHAREHOLDER WILL BE ENTITLED TO RECEIVE 0.4163 OF A SHARE OF ALTICE USA COMMON STOCK FOR EVERY ALTICE NV SHARE.

Stockwik Forvaltning Buys NF Måleri

Monday, 8 Jan 2018 08:00am EST

Jan 8 (Reuters) - STOCKWIK FORVALTNING AB ::ACQUIRES NF MÅLERI WITH PURCHASE PRICE AT SEK 28 MILLION.

Karen Singer Believes Shareholder Value Will Be Damaged Without Changes To Alaska Communications' Board

Monday, 8 Jan 2018 06:24am EST

Jan 8 (Reuters) - Alaska Communications Systems Group Inc ::KAREN SINGER-CONTINUES TO BELIEVE, WITHOUT SIGNIFICANT CHANGES TO ALASKA COMMUNICATIONS' BOARD,MANAGEMENT, SHAREHOLDER VALUE WILL BE SIGNIFICANTLY DAMAGED.

Rpt-Switzerland's UPC to switch to Swisscom from Iliad's Salt in 2019

Monday, 8 Jan 2018 04:11am EST

Jan 8 (Reuters) - Switzerland's Upc Says To Use Swisscom Ag ::MOBILE NETWORK FOR ITS MOBILE OFFERS AFTER USING SALT’S <<>> MOBILE NETWORK SINCE 2015.UPC SAYS MOBILE CUSTOMERS CURRENTLY STAND AT MORE THAN 100,000.SAYS SWITCH TO TAKE PLACE IN EARLY 2019‍​.

Rpt-Switzerland's UPC to switch to Swisscom from Iliad's Salt in 2019

Monday, 8 Jan 2018 04:11am EST

Jan 8 (Reuters) - Switzerland's Upc Says To Use Swisscom Ag ::MOBILE NETWORK FOR ITS MOBILE OFFERS AFTER USING SALT’S <<>> MOBILE NETWORK SINCE 2015.UPC SAYS MOBILE CUSTOMERS CURRENTLY STAND AT MORE THAN 100,000.SAYS SWITCH TO TAKE PLACE IN EARLY 2019‍​.

Verizon Says Acquired Privately Held Niddel Corp

Friday, 5 Jan 2018 02:24pm EST

Jan 5 (Reuters) - Verizon Communications Inc ::VERIZON SAYS ACQUIRED PRIVATELY HELD NIDDEL CORP; TERMS OF TRANSACTION WERE NOT ANNOUNCED‍​.

B Communications says Bezeq Received Notice Of Strike Or Shutdown In Co

Thursday, 4 Jan 2018 06:27am EST

Jan 4 (Reuters) - B Communications Ltd ::B COMMUNICATIONS - ON JAN 3, 2018,BEZEQ RECEIVED NOTICE OF STRIKE OR SHUTDOWN IN CO, APPROVED BY NEW GENERAL FEDERATION OF LABOR, AS OF JAN 14, 2018.B COMMUNICATIONS - BEZEQ IS UNABLE TO EVALUATE IMPLICATIONS OF NOTICE OF DECLARATION OF LABOR DISPUTE/STRIKE OR SHUTDOWN AT PRESENT STAGE - SEC FILING.

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