In May, BT Group confirmed that it had received notification from the UK Secretary of State for Business, Energy and Industrial Strategy that he had considered the increase by Altice Europe N.V. of its shareholding in BT Group from 12.1 per cent to 18 per cent and was exercising his call-in power under section 1 […]
In the background of the pending TF1-M6 merger, France’s Autorité de la concurrence (Competition Authority) has given a green light to the acquisition by Altice of channels TFX and 6ter. An appeal remains possible. If the process is successful, Altice Media, which already owns DTT channels BFM TV as well as RMC Découverte, would become […]
The number of pay-TV subscribers in Portugal reached 4.4 million in Q1 2022, a three per cent growth on the same period last year. According to the National Communications Authority (Anacom), this was the lowest growth rate since the end of 2014 or when data started being collected. The pay-TV penetration rate grew by 0.4 […]
Anodot, the autonomous business monitoring company, has announced that Altice Portugal, a telecommunications service provider in Portugal, has selected the company to help alleviate critical issues such as availability and reliability of service while positively impacting operational costs, brand reputation and overall customer experience. Altice Portugal is a global telco and multimedia operator that extends […]
Patrick Drahi’s Altice has increased its interest in BT Group’s voting share capital from 12.1 per cent to 18 per cent. In a Statement, the telco said: “The Board and management of BT Group will continue to operate the business in the interest of all shareholders and remains focussed on the successful execution of its […]
Portugal’s National Communications Authority (Anacom) has recommended to the government that FTA TV channels are distributed “wherever possible” via cable instead of DTT. The proposal was made by Anacom president, João Cadete de Matos, within the working group on the future of DTT in Portugal, set up by Secretary of State for Cinema, Audiovisual and […]
The Paris bourse share market responded exceptionally well to the potential bad news of Rodolphe Belmer’s departure from Eutelsat. In early trading Eutelsat’s share price rose a full 1 percent in early trading to €12.60 and matching its recent peak of €12.60 at the height of the Patrick Drahi unsolicited €3.2 billion take-over bid, and […]
Patrick Drahi might not have William Shatner in his portfolio of headline-grabbing assets, and rich as he is, Drahi certainly cannot compete with the likes of Elon Musk or Jeff Bezos in terms of cash-at-hand. But few will be surprised if Drahi doesn’t now come up with a Plan B to acquire Eutelsat. Certainly his […]
Telecoms tycoon Patrick Drahi, having earlier this month bought a large slice (12.1 per cent) of BT, has made a bid to buy Eutelsat. Drahi is said to have offered a €2 (17 per cent) premium over Eutelsat’s current €10.35 share price. Drahi controls the cellular and cable business Altice. A September 30th statement from […]
US consumers saved $2.2 billion (€1.9bn) in energy costs in 2020 thanks to a voluntary agreement between the pay-TV industry and energy efficiency advocates. The agreement, led by the Consumer Technology Association (CTA), NCTA – The Internet & Television Association and CableLabs has cut energy usage of set-top boxes by more than half in the […]