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Altice's new structure is not meant to facilitate a market consolidation in France: CEO

Reuters  |  PARIS 

PARIS (Reuters) - The separation of Altice's U.S. and European operations is not meant to facilitate a market consolidation in France, Altice Chief Executive Officer Dexter Goei said on Tuesday. The Netherlands-based telecoms and cable group plans to regroup its French unit SFR under a new entity named Altice Europe, it said earlier on Tuesday. Several analysts said Altice's European arm as a whole could eventually become an acquisition target for rival French telecoms companies."There's clearly no thought process around trying to position it for any type of strategic transaction," Goei said ...

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First Published: Tue, January 09 2018. 22:18 IST
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