Altice NV : ALTICE N.V. TO EXPLORE POSSIBLE INITIAL PUBLIC OFFERING OF MINORITY INTEREST IN ALTICE USA
December 12 2016 - 6:45AM
ALTICE N.V. TO
EXPLORE POSSIBLE INITIAL PUBLIC OFFERING OF MINORITY INTEREST IN
ALTICE USA
AMSTERDAM, December 8,
2016 - Altice N.V. (Euronext: ATC NA, ATCB
NA) today announces that it is exploring the
possibility of an initial public offering (IPO) of a minority
interest in its U.S. operations, Altice USA. No
decisions have been taken at this point on the structure or timing
of any IPO, and no assurance can be given that an IPO will be
pursued.
About Altice
Founded by telecom entrepreneur, Patrick Drahi,
Altice is a multinational cable, fiber, telecommunications,
contents and media company with presence in four regions - Western
Europe (comprising France, Belgium, Luxembourg, Portugal and
Switzerland), the United States, Israel, and the Overseas
Territories (currently comprising the French Caribbean, the Indian
Ocean regions and the Dominican Republic). Altice provides very
high speed based services (high quality pay television, fast
broadband Internet and fixed line telephony) and, in certain
countries, mobile telephony services to residential and corporate
customers. Altice is also active in the media space with a
portfolio of channels (News, Sports, Lifestyle etc.) as well as
providing Premium content on nonlinear platforms; it also produces
its own original content (Series, Movies etc.).
Altice (ATCA & ATCB) is listed on NYSE
Euronext Amsterdam.
Contacts
Chief Communications Officer,
Altice Group
Arthur Dreyfuss +41 79 946 4931
/ arthur.dreyfuss@altice.net
Chief Investor Relations Officer,
Altice Group
Nick Brown +41 79 720 1503
/ nick.brown@altice.net
Head of Communications Altice USA
Lisa Anselmo +1 516 803 2362
/ lisa.anselmo@alticeusa.com
This press release contains inside information
within the meaning of Article 7(1) of the EU Market Abuse
Regulation.
This press release is being made pursuant to, and
in accordance with, Rule 135 under the Securities Act of 1933, as
amended. This press release does not constitute an offer to sell or
the solicitation of an offer to buy securities, and shall not
constitute an offer, solicitation or sale in any jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of that
jurisdiction.
Altice - Altice USA
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Altice NV via Globenewswire
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