Bango, a specialist in subscription bundling, has announced a new licensing agreement with Optimum, a US telecommunications provider, operated by Altice USA. Through this collaboration, Optimum customers can access subscription bundles, powered by the Digital Vending Machine (DVM) from Bango. Optimum is a significant brand in the US telecommunications market, providing fiber internet, mobile, TV, […]
Camunda, a specialist in process orchestration, has partnered with SFR, a division of Altice France and second largest telecom provider in France, to further enhance its operational support system (OSS). Orchestrating processes within the SFR OSS will make it more seamless for the company to activate, configure, and provision mobile, internet, and other telecommunications services. […]
Indian telecoms conglomerate Bharti Global has acquired Patrick Drahi-controlled Altice UK’s stake in BT. In a Stock Market announcement, BT Group said that it noted that Bharti Global has reached agreement to acquire c24.5 per cent of the issued share capital of BT Group from Altice UK. Allison Kirkby, Chief Executive, said: “We welcome investors […]
Altice USA lost 291,000 video customers year-on-year amid industry-wide cord-cutting and TV viewers shifting online. It shed 72,800 in Q2. The cable operator finished the year with 2.02 million pay–TV subscribers. The company serves around five million residential and business cable customers across 21 US states and through its Optimum brand. To retain video customers, […]
At the end of the first quarter of 2024, there were 4.6 million pay-TV subscribers in Portugal, 88,000 more than in the same period last year (+2 per cent), the slowest growth since 2013. Most subscriptions (96 per cent) are bundled with other telecommunications services, with only 2 per cent sold alone, according to data […]
Rodolphe Saade, the French shipping tycoon has announced a deal to acquire French news channel BFM TV off Patrick Drahi’s debt-laden Altice group. Saade’s Marseille-based shipping company, CMA CGM, will acquire the French media unit of telecoms group Altice, which includes BFM TV as well as radio RMC, for €1.55 billion. The move will allow […]
Investigators are looking into the scandal that first surfaced in Portugal involving the Altice’s co-founder. French prosecutors are investigating potential corruption that could involve Altice, according to Bloomberg. In July 2023 the group’s co-founder, Armando Pereira, and other business associates were arrested in Portugal for running a suspected money laundering scam through procurement processes. Pereira […]
Paramount Global has become the first content maker to join Go Addressable, the trade body formed to push addressable advertising. Other members of Go Addressable, are Altice USA’s a4 Advertising, Charter’s Spectrum Reach, Comcast Advertising, DirecTV Advertising and Dish Media. “Go Addressable continues to find new ways to enhance, innovate and drive momentum behind this […]
Patrick Drahi’s Altice is considering an increase to his stake in BT, according to MSN. Already the biggest holder, Altice has built a 24.5 per cent stake in three tranches, most recently in May this year. Reporting says he is likely to target 29.9 per cent, above this he will be obliged to trigger a […]
Altice co-founder Armando Pereira has been detained in Portugal as part of an investigation into alleged corruption, tax fraud and money laundering. Altice’s Lisbon headquarters were raided by officers, according to local broadcasters. Altice Portugal is the country’s largest telecoms company and is part of the Dutch-based telecoms and cable group Altice. Portugal’s department of […]