While a deal valuing a significant portion, or all of, Suddenlink at 15x EBITDA would be great for shareholders, the valuation appears to be at least 15% too high. Over the last few years, 10-13x ...

Cable giant Altice USA has confirmed it has put its telcom Suddenlink assets up for a sale after fielding interest from several buyers. Altice USA CEO Dexter Goei, during an analyst call Wednesday, ...

Drahi's Altice is expected to apply its usual formula at Suddenlink, namely aggressive cost cuts and attention to profit instead of volume of customers. The strategy is starting to pay off at ...

PARIS/FRANKFURT (Reuters) - European telecoms group Altice has agreed to buy U.S. regional cable company Suddenlink Communications in a $9.1 billion deal, marking its first move across the Atlantic ...

NEW YORK -- There's a new player in the U.S. cable dating game. European cable and mobile phone operator Altice, controlled by founder Patrick Drahi, is fixing its sights on the U.S. market starting ...

In this Wednesday, March 18, 2015 file photo, Altice group's Chairman Patrick Drahi poses for photographers at the Scopus Awards of the French Friends of the Hebrew University, in Paris, France.

FILE - West Virginia Attorney General Patrick Morrisey speaks during a news conference at the state Capitol, in Charleston, W.Va., May 4, 2023. (AP Photo/Jeff Dean, File) CHARLESTON, W.Va. (AP) — The ...

PARIS/FRANKFURT (Reuters) - European telecoms group Altice has agreed to buy U.S. regional cable company Suddenlink Communications for $9.1 billion (6 billion pounds), making a first move across the ...

The cable giant, led by CEO Dexter Goei, has been looking to reduce its debt load. By Georg Szalai, Etan Vlessing Cable giant Altice USA has confirmed it has put its telcom Suddenlink assets up for a ...