Indian conglomerate Bharti Global has agreed to snap up Altice's 24.5 percent stake in UK telco giant BT. Bharti is buying the stake off Patrick Drahi, the founder of struggling French telco Altice.
Altice France is reportedly considering giving secured creditors a stake in the company in return for them taking a hit on the value of their debt holdings. As reported by Bloomberg, debtholders could ...
Contract negotiations between Altice USA and two companies continue to be on the rocks as the telecommunications network removed access to additional stations Friday. New York Optimum customers ...
(Bloomberg) -- Altice International is pushing back against creditor demands for more information about its recent transactions in the first written exchange since the telecom operator moved its ...
Bharti Global has announced that it has reached an agreement to acquire around 24.5% of the issued share capital of BT Group held by the UK subsidiary of the financially troubled Altice Group.
Altice International has moved two of its units out of the reach of creditors, and raised new debt from one of them, in an aggressive move aimed at stabilizing its finances. The telecommunications ...
The restructuring of Altice’s €24.1bn debt pile is set to provide the latest test for the US$9trn credit default swap market following months of wrangling over how to ensure a fair payout for ...
Altice International is pushing back against creditor demands for more information about its recent transactions in a letter dated Dec. 5. The company's lawyers said the moves were made in the company ...