ATC.AS - Altice Europe N.V.

Amsterdam - Amsterdam Delayed Price. Currency in EUR
1.8470
-0.0405 (-2.15%)
At close: 5:35PM CET
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Previous Close1.8875
Open1.8845
Bid0.000 x 0
Ask0.000 x 0
Day's Range1.8225 - 1.8900
52 Week Range0.9554 - 3.6300
Volume6,859,146
Avg. Volume10,187,157
Market Cap2.272B
Beta (3Y Monthly)2.11
PE Ratio (TTM)1.92
EPS (TTM)0.962
Earnings DateMar 28, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est3.74
  • Reuters18 days ago

    Altice gears up for Portugal cable network sale: sources

    LONDON/PARIS (Reuters) - Debt-burdened telecom carrier Altice Europe is gearing up to sell a stake in its high-speed fiber network business in Portugal, sources familiar with the matter told Reuters, with an auction process expected to kick off within a fortnight. Altice, which took control of Portugal Telecom in 2015, is looking to replicate its recent sale of a 49.99 percent stake in French fiber optic business SFR FTTH to three investment funds for 1.8 billion euros. The group, whose founder is billionaire Patrick Drahi, has hired Lazard to sound out potential bidders including U.S. funds KKR and Morgan Stanley Infrastructure Partners, the three sources said.

  • Altice to acquire majority stake in OTT startup Molotov
    TechCrunch21 days ago

    Altice to acquire majority stake in OTT startup Molotov

    Telecom company Altice is about to close a significant investment in French startup Molotov — the two companies have entered into exclusive negotiations. While terms of the deal are undisclosed, Altice is investing a large sum of money and should end up with a majority stake in Molotov — it's more like a fundraising round than a traditional acquisition. "We're doing a 60/40 deal," Molotov co-founder and CEO Jean-David Blanc told me.

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of ATC.AS earnings conference call or presentation 21-Nov-18 5:30pm GMT

    Q3 2018 Altice Europe NV Earnings Call

  • New York sets tougher standards for marketing internet speeds
    Engadget2 months ago

    New York sets tougher standards for marketing internet speeds

    New York isn't just asking Charter to clean up its act. The state has reached a settlement with Altice (Optimum's owner), Frontier, RCN and Engadget parent company Verizon that will have them adhere to stricter standards for advertising internet speeds. The companies will also have to make "direct financial commitments" to both improve their networks and offer compensation for some customers.

  • The Wall Street Journal2 months ago

    [$$] Altice, Publicis to Pay Bonuses to Some Employees

    Altice and Publicis said they will pay some employees in France a bonus of 1,000 euros ($1,139), in response to a speech by French President Emmanuel Macron aimed at defusing social unrest.

  • Bloomberg3 months ago

    Billionaire Drahi Tries to Cut the Fiber Knot

    On Friday, his Altice Europe NV agreed to sell just under half its French fiber broadband operation to a group of Canadian, French, and German infrastructure funds for 1.8 billion euros ($2.1 billion). The price looks good, and Altice gets to reduce its debt. It will also be able to fund the roll-out of ultra-fast internet connections to consumers at the dirt-cheap rates available to big infrastructure projects.

  • The Wall Street Journal3 months ago

    [$$] Altice Offloads Fiber-Optic Stake

    Altice has agreed to sell a minority stake in its French fiber-optic business for €1.8 billion in cash.

  • Reuters3 months ago

    Altice sells stake in French fibre unit, shares surge

    Telecoms and cable group Altice Europe (ATCA.AS) on Friday said its French unit had agreed to sell a 49.99 percent stake in its SFR FTTH fibre optic business to three investment funds for 1.8 billion euros (1.6 billion pounds), sending its shares soaring. Allianz Capital Partners, AXA Investment Managers and OMERS Infrastructure were investing in the unit, Altice said, in a deal that valued the division as a whole at 3.6 billion euros. The telecoms group, owned by billionaire Patrick Drahi, is striving to regain market confidence after a steep fall in its shareprice a year ago heightened concerns about its ability to repay its 30 billion euros of debt.

  • Business Wire3 months ago

    Thanks to Altice Fibre Strategy: SFR Will Deleverage and Grow from 2019

    Altice Europe N.V. (Euronext ATC, ATCB) (“Altice Europe”) announces today that its subsidiary Altice France has entered into an exclusivity agreement with Allianz Capital Partners (“ACP”), AXA Investment Managers - Real Assets, acting on behalf of its clients (“AXA IM – Real Assets”), OMERS Infrastructure (“Omers”), (together the “Partners”) regarding the sale of a minority equity stake of 49.99% in SFR FTTH for a total cash consideration of €1.8 billion based on a €3.6 billion1 equity value.

  • Billionaire Drahi Takes it Down to the Wire at Altice
    Bloomberg3 months ago

    Billionaire Drahi Takes it Down to the Wire at Altice

    Drahi’s Altice Europe NV reported earnings on Wednesday that fell short of analyst estimates as the parent of SFR spent more than expected on promotions to lure new subscribers. The earnings report came the same day as Stephane Richard, CEO of France's dominant carrier, Orange SA, told Les Echos he expected discussions about consolidation in the French telecommunications industry to restart in the first half. The quartet, which is rounded out by Bouygues SA and Iliad SA, is plagued by steep competition in France.

  • Reuters3 months ago

    Altice Europe's profit slips after heavy promotions win subscribers

    Telecoms and cable group Altice Europe (ATCA.AS) reported a sharp increase in customers in France in the third quarter, thanks to heavy promotions, and said it expects to return to growth next year. In the past year Amsterdam-listed Altice Europe has shifted focus from cost-cutting towards gaining clients and selling infrastructure assets to reassure investors, after heavy investments in broadcasting rights, including the Champions League in France. The group, owned by billionaire Patrick Drahi, said its third-quarter core operating profit fell by 6.8 percent from a year ago to 1.3 billion euros ($1.48 billion), as it spent money on promotions to attract subscribers.

  • Reuters3 months ago

    Altice Europe Q3 core operating profit falls 6.8 pct on heavy promotions

    Telecoms and cable group Altice Europe said its third-quarter core operating profit fell by 6.8 percent as it sought to regain market share its France through heavy promotions in both fixed and mobile. ...

  • Business Wire3 months ago

    Altice Europe N.V. Third Quarter 2018 Pro Forma(1) Results

    Continuing Strong Commercial Performance With More than 1 Million Customers Won Back in France

  • Do Institutions Own Altice Europe NV (AMS:ATC) Shares?
    Simply Wall St.3 months ago

    Do Institutions Own Altice Europe NV (AMS:ATC) Shares?

    The big shareholder groups in Altice Europe NV (AMS:ATC) have power over the company. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller Read More...

  • Reuters3 months ago

    Altice USA CEO calls for fixed-wireless consolidation in the U.S.

    Altice USA Chief Executive Officer Dexter Goei called on Wednesday for the consolidation of fixed and wireless telecoms businesses in the United States. Altice USA owns the fourth-biggest cable operator ...

  • KKR, Allianz among four contenders for Altice Europe fiber sale: sources
    Reuters3 months ago

    KKR, Allianz among four contenders for Altice Europe fiber sale: sources

    LONDON/PARIS (Reuters) - Rival consortia led by U.S. buyout fund KKR (KKR.N) and Germany's insurer Allianz (ALVG.DE) are among the four main contenders for a stake in the fiber network business of Dutch-based telecom company Altice (ATCA.AS), sources said. The two other bidding groups are led by Australian investment firm Macquarie (MQG.AX) and U.S. infrastructure fund I Squared Capital respectively, four sources close to the deal told Reuters. Altice's majority owner Patrick Drahi is trying to pay down Altice Europe's 32 billion-euro debt pile and share the burden of ploughing cash into the costly roll-out of its fiber optic network in France.

  • Reuters3 months ago

    KKR, Allianz among four contenders for Altice Europe fibre sale - sources

    LONDON/PARIS (Reuters) - Rival consortia led by U.S. buyout fund KKR (KKR.N) and Germany's insurer Allianz (ALVG.DE) are among the four main contenders for a stake in the fibre network business of Dutch-based telecom firm Altice (ATCA.AS), sources said. The two other bidding groups are led by Australian investment firm Macquarie and U.S. infrastructure fund I Squared Capital respectively, four sources close to the deal told Reuters. Altice, which runs France's second biggest telecom operator, is selling a stake of between 40 and 60 percent of its fibre network unit in a deal that could be worth up to 3.6 billion euros (3.14 billion pounds), the sources said.

  • Altice (ATUS) Beats Q3 Earnings Estimates on Record Margins
    Zacks3 months ago

    Altice (ATUS) Beats Q3 Earnings Estimates on Record Margins

    Driven by improved performance all the business segments, Altice (ATUS) reports record third-quarter 2018 results.

  • Business Wire4 months ago

    Altice Europe N.V. Announces Strengthening of the Board of Directors and evolution of Group Management

    Altice Europe N.V. (Euronext ATC, ATCB) (“Altice Europe”) announces today strengthening of the Altice Europe Board of Directors (the “Board”) and evolution of Group management. Malo Corbin is appointed Altice Europe CFO. Malo previously held the role of Finance Director for Altice Europe and prior to that Chief Controlling Officer and Vice President M&A for the Group, working closely with the Founding Team.

  • Simply Wall St.4 months ago

    When Will Altice Europe NV (AMS:ATC) Turn A Profit?

    Altice Europe NV’s (AMS:ATC): Altice Europe N.V. operates as a telecom, content, media, entertainment, and advertising company in France and internationally. With the latest financial year loss of -€546m and Read More...

  • Altice Portugal wants to move into financial services - CEO
    Reuters4 months ago

    Altice Portugal wants to move into financial services - CEO

    The Portuguese unit of telecoms firm Altice is actively discussing expanding into financial services in 2019 and is in talks with two banks about how to do it, the company's chief executive Alexandre Fonseca said. "It's a possibility [for next year], without a doubt," Fonseca told Reuters, adding that his company is talking with two Portugal-based financial institutions about the project. Fonseca did not say which institutions Altice Portugal, the country's largest telecoms operator, had picked as potential partners, nor the type of services it hopes to deliver.