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Altice sells Belgium and Luxembourg business to Telenet in rare disposal

Connectivity BusinessbyConnectivity Business
December 22, 2016
in Investments, Space Services
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French billionaire Patrick Drahi’s Altice has sold its telecoms business in Belgium and Luxembourg to local cableco Telenet in a €400m (US$418m) deal to refine its focus after years of acquisitions. Liberty Global-owned Telenet said buying Coditel Brabant, which operates under the SFR brand and previously traded as Numéricable, expands its cable footprint in line with its convergence strategy. French billionaire […]

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Tags: AlticeAltice USAApax PartnersBASECoditel BrabantEuropeLiberty GlobalOrangePremiumTelenetTF251
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