The founder of France’s Altice aims to create a U.S. cable giant. Altice, which said in May that it would take a controlling stake in Suddenlink Communications, missed its chance to buy Time Warner Cable when Charter Communications swooped in with a deal. Now, Mr. Drahi says he may pursue firms like Cablevision Systems and closely held Cox Communications… READ MORE
Wall Street Journal
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When Patrick Drahi’s Altice acquired, through its French cable subsidiary Numericable,
a controlling 80% stake in French mobile company SFR from Vivendi last summer, in a take over bid valued at Euros 17 More…
Patrick Drahi is defiant after TWC Setback. “We were not ready, ” says the Luxembourg-based Altice owner.
After losing out to Comcast in the bid to acquire Time Warner Cable, French-Israeli billionaire Patrick More…
French-Israel billionaire Patrick Drahi’s quest to become a major player in the US cable market
has pitted him against his mentor John Malone, a US media mogul. Drahi, who last week acquired St. Louis-based cable More…
French-Israeli telecom billionaire Patrick Drahi has turned his sights on the U.S.
cable market by acquiring a 70 percent stake in cable operator Suddenlink Communications.
Drahi reportedly closed the deal by paying More…