Tag archive for ‘cable operator’
News On Saturday, October 3rd, 2015

Patrick Drahi’s Altice Shares Fall Amid Higher Debt Costs, Share Issue; Altice raises funds to buy Cablevision

French-Israeli media magnate Patrick Drahi has wrapped up the financing needed to buy US cable operator Cablevision despite difficult market conditions, taking the debt of his Altice group up to 45 billion More...

News Brief On Sunday, July 12th, 2015

Overheard: Drahi’s American Dreamin’

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 More...

Kurt Tucholsky On Thursday, May 21st, 2015

French-Israeli Billionaire Drahi Enters US Cable Market with Suddenlink $9.1Billion Deal

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 More...

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