Altice USA separation completed; group changes name to Altice Europe

12 Jun 2018

Altice NV (also known as Altice Group) has announced that its planned separation of Altice USA has been implemented. In order to facilitate the spin-off, Altice NV’s 67.2% stake in Altice USA was distributed to Altice NV shareholders. The shares were traded at a ratio of 0.4163 shares of Altice USA common stock for each share of Altice NV capital.

In connection with the separation, Altice NV has changed its name to Altice Europe NV. Trading of Altice NV shares on Euronext Amsterdam stock exchange under the new name is expected to take place today (12 June).

Netherlands, United States , Altice Europe (formerly Altice Group), Altice USA (incl. Optimum, Suddenlink)

Subscribe



Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share