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42-622: Altice may refer to: Altice (company) , a Netherlands-based multinational telecoms company Altice Dominicana S.A. , a subsidiary operating in the Dominican Republic Altice Portugal , a subsidiary Altice USA , a former subsidiary of Altice that was spun-off as a separate company in 2019 People with the surname [ edit ] Summer Altice , an American fashion model and actress See also [ edit ] Altice Arena , Lisbon, Portugal Altice Studio ,

84-627: A 70% controlling stake in Suddenlink Communications , which valued the seventh-largest US cable company at US$ 9.1 billion. The other 30% continues to be owned by BC Partners and CPP Investment Board . In May 2015, Altice was said to be launching a bid for Time Warner Cable , which has a US$ 45 billion market capitalization, following a failed bid by Comcast . It was instead acquired by Charter Communications . In June 2015 Altice acquired Portugal Telecom and sold Cabovisão to Apax France (later Seven2). In June 2015, it

126-499: A class action lawsuit was filed against Altice USA claiming that the company illegally changed the terms and conditions of its cancellation policy and did not provide adequate notice to customers. The lawsuit also claims the company broke New York's General Business Law for deceptive practices and unjust enrichment. Altice has stated subscribers were given advance notice of the new policy and that customer service representatives are trained to tell departing customers billing continues until

168-605: A further 6% stake in BT taking the total ownership to 18%. In August 2024, Altice sold its 24.5% stake in the British group British Telecom to the Indian telecom company Bharti Airtel . The total value of the transaction amounted to 3.5 billion euros. On 12 February 2020, the United Nations published a database of all business enterprises involved in certain specified activities related to

210-750: A market capitalization of €13.7 billion in December 2017, and a market cap of less than €6 billion in June 2019, a 56% decline for the stock since Drahi financed the business with debt. In 2016, the company had over 50 million internet, TV, and phone customers in Western Europe, Israel, the United States (where it formerly operated) and the Caribbean. Altice formerly owned a subsidiary in the USA until that company , while retaining

252-532: A soft launch on May 1, 2006, after the company completed its acquisition of 869,000 customers from Cox Communications . The hard launch of the re-branding occurred in July after the company completed its acquisition of 250,000 customers from Charter Communications after these acquisitions the company increased its total size to 1.4 million. After Suddenlink completed its acquisition of the cable system from Charter, it focused on upgrading its existing infrastructure that

294-491: A telecommunications lawyer. The company invested in Classic Communications on February 10, 2003, shortly after it emerged from bankruptcy. Classic Communications was founded in 1992 by Merritt Belisle and Steven Seach and the company was taken public on October 31, 1999, and filed for Chapter 11 bankruptcy protection on November 14, 2001. Classic had a total of 325,000 subscribers when Cequel III assumed management of

336-573: A television channel in France Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title Altice . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Altice&oldid=920633061 " Categories : Disambiguation pages Disambiguation pages with surname-holder lists Hidden categories: Short description

378-632: A total of 240,000 Suddenlink subscribers, 200,000 of which were included in the Huntington–Charleston DMA proper. The dispute also impacted 40,000 subscribers in the nearby Bluefield–Beckley–Oak Hill and Parkersburg DMAs, where Charter imported the signals of WCHS and WVAH because Beckley did not have a Fox affiliate and Parkersburg lacked an ABC affiliate at the time. The agreement between Charter and Sinclair had expired prior to Suddenlink's acquisition. Both parties began negotiations in May 2006 before

420-571: A wider agreement between Viacom and Altice USA. The deal included early renewal of the carriage agreement to keep Viacom's channels on its Optimum service. Viacom and Altice USA did not announce which Viacom channels or the date they would return to Suddenlink systems. Suddenlink has reached an agreement to bring back Viacom channels in Texas and Oklahoma. Starting in 2011 Suddenlink began to implement data usage limits, also known as data caps, on its broadband services on all its service plans. After exceeding

462-614: Is different from Wikidata All article disambiguation pages All disambiguation pages Altice (company) Altice Europe N.V. (commonly known as Altice ) is a Dutch multinational telecommunications and mass media company with official headquarters in the Netherlands, founded and headed by the French-Israeli billionaire businessman Patrick Drahi , and the second largest telecoms company in France, behind Orange . It had

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504-576: The Federal Communications Commission (FCC) on July 5, claiming Sinclair failed to negotiate in good faith for the stations and demanded Suddenlink to stop carriage of the two stations during a Nielsen rating sweeps period . The following day Sinclair also submitted a filing with the FCC requesting the Commission order Suddenlink to cease carriage of its signals. Suddenlink claimed that Sinclair

546-736: The Israeli settlements in the Occupied Palestinian Territories , including East Jerusalem , and in the occupied Golan Heights . Altice has been listed on the database in light of its involvement in activities related to "the provision of services and utilities supporting the maintenance and existence of settlements". The international community considers Israeli settlements built on land occupied by Israel to be in violation of international law . On 5 July 2021, Norway 's largest pension fund KLP said it would divest from Altice together with 15 other business entities implicated in

588-748: The News-Press & Gazette Company . Suddenlink would go on to complete two more acquisitions in 2014 the first was Northand Communications that closed on January 2 and New Wave Communications that closed on October 1. Actor Colin Price was selected and filmed over 100 commercials appearing as their spokesman from 2013 to 2016. Suddenlink announced on July 18, 2012, that the company reached an agreement to be acquired for $ 6.6 billion by BC Partners, CPP Investment Board, and Suddenlink's management team led by Chairman and CEO Jerry Kent. Prior to this, Goldman Sachs Capital Partners, Quadrangle, and Oaktree Capital Management were

630-581: The Altice name, was spun off through an IPO in June 2019, making the former USA division independent from the rest of Altice but retaining the same chairman, Patrick Drahi, and the same logo. Altice bought several regional cable television operators in France from 2002 to 2007, merging them under the brand Numericable . In 2009, Patrick Drahi increased his stake in Hot , a cable television operator in Israel. Drahi completed

672-553: The UN report for their links to Israeli settlements in the occupied West Bank. Suddenlink Communications The predecessor to Suddenlink Communications was Cebridge Communications that was formed in September 2003 by its parent company Cequel III. Cequel III was formed in January 2002 by Jerry Kent, a former CEO for Charter Communications , Charter's co-founder Howard Wood and Dan Bergstein,

714-538: The Viacom channels" and did not want to pay more for Viacom's channels and wanted others instead. After the deadline passed, all Viacom channels were pulled from Suddenlink's lineup on October 1, 2014. Viacom claimed that Suddenlink rejected one of its own proposals and informed them they would drop the channels. Suddenlink maintained that Viacom rejected every proposal the company made to continue carrying Viacom's channels. Suddenlink reorganized their channel lineups to replace

756-412: The Viacom channels; some of the replacements were already available to Suddenlink while some were not previously available. Suddenlink replaced Viacom's channels with twenty other channels including FXX , Hallmark Movies & Mysteries , Investigation Discovery , OWN , Universal Kids , TheBlaze , Pivot and Up . Due to Suddenlink's size the company received positive reception in the media saying

798-407: The acquisition was completed. Sinclair announced on June 30 that it was unable to reach an agreement with Suddenlink. Sinclair argued that Suddenlink's proposals included no compensation and no response to their counteroffer. Without a retransmission consent agreement, Suddenlink would not be allowed to carry the two stations on any of its cable systems. During the dispute Sinclair posted a letter on

840-469: The cable provider on February 10, 2003. Shortly after Cequel III acquired cable systems located in Texas with 27,000 subscribers from Canadian telecommunications provider Shaw Communications . In August 2003 Cequel acquired 81,000 subscribers from Alliance Communications Partners. After this acquisition Cequel formed Cebridge Connections which consisted of all the cable systems Cequel acquired up to this point. The combined company had 450,000 subscribers by

882-442: The cable provider replaced them with other channels. The contract negotiations became public on September 25, 2014, after five months of talks broke down between both companies. Suddenlink claimed Viacom wanted a 50% increase in fees for its programming despite its ratings decreasing. Viacom rebutted stating it attracts the greatest share of viewing of any cable provider. Suddenlink noted the majority of its customer base "do not want

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924-532: The company added back unlimited usage plans for its top two tiers only on April 1, 2016. Altice USA and its Optimum branded services have been criticized for a policy change in where if a subscriber cancels one or all of their services before the end of their billing cycle they do not receive a refund. Altice USA has implemented this policy change for both its Suddenlink and Optimum branded services. This policy went into effect for Suddenlink subscribers on June 1, 2016, and for Optimum on October 10. On May 30, 2017,

966-483: The company entered into a public carriage dispute with Sinclair Broadcasting Group over two local television stations in the region. Sinclair owns and operates WCHS-TV , the local ABC affiliate in the Huntington–Charleston DMA . Sinclair also operates the local Fox affiliate, WVAH-TV , owned by Cunningham Broadcasting and operated through a local marketing agreement by Sinclair. The dispute impacted

1008-406: The data allowance for a particular service plan an overage charge of $ 10 per 50 GB block is billed to the customer. Shortly after data usage limits began to roll out across Suddenlink's territory customers began to report the meter used was inaccurate. One example highlighted one user's router measured that 2.22 GB of data was used in one day while Suddenlink's meter showed 23 GB of data was used in

1050-448: The deal on June 21, 2016. After both deals were completed Altice USA became the fourth largest cable operator in the country with 4.6 million subscribers and the sixth largest pay television operator with 3.50 million subscribers. Altice USA announced on April 11, 2017, the company has filed for an initial public offering . The company plans to raise up to $ 100 million with the IPO. Altice NV

1092-630: The decision could inspire other mid-small size operators. Six months after dropping Viacom's channels Suddenlink's then-CEO Jerry Kent stated 2%–2.5% of its video subscribers dropped their service. He also noted that some of the replacement channels were viewed more than some of the dropped channels. Despite losing some video subscribers, Kent also stated "meeting the programmer’s demands would have been more costly. When Pivot ceased operations, Suddenlink started carried i24 News ." Suddenlink's parent company Altice USA announced on May 25, 2017, that some of Viacom's channels would return to Suddenlink as part of

1134-418: The end of 2010 for continued carriage of Viacom's channels that was to end on September 30, 2014. Viacom had been involved in notable contract discussion in the past including a media battle with satellite provider DirecTV in 2012 which resulted in their channels being unavailable for nine days before reaching an agreement. After Viacom's channels were pulled from smaller provider Cable ONE on April 1, 2014,

1176-507: The end of the Nielsen sweeps, yet this was disputed with Sinclair claiming the rule was intended to benefit broadcasters, not distributors. On July 3 Sinclair withdrew the out-of-market signals, but left the stations on in Suddenlink's Huntington–Charleston systems. On July 27 both parties agreed to a temporary extension which kept the stations on Suddenlink's systems until August 7 if an agreement

1218-623: The majority holders of the company. Altice and Suddenlink announced on May 20, 2015, that Altice agreed to acquire 70% of Suddenlink in a deal valued at $ 9.1 billion. As part of the deal BC Partners will retain 15% voting share and 18.2% in equity while CPP Investment Board will retain 15% voting share and 11.8% in equity. At the time of the announcement Suddenlink was the seventh largest cable operator with 1.5 million residential and 90,000 business subscribers. The deal closed on December 21, 2015. Altice also announced on September 17 that year it would acquire Cablevision for $ 17.7 billion and completed

1260-705: The parent company of Altice USA announced on May 24 that "all consumer-facing brands across the globe will change." Altice stated the re-branding would be complete by the second quarter in 2018. In April 2022, Altice USA announced that Suddenlink would be rebranded under the Optimum name. On August 1, Suddenlink was fully amalgamated into Optimum. At time of merger with Optimum, Suddenlink operated services in thirteen states: Arizona, Arkansas, California, Idaho, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Ohio, Oklahoma, Texas, and West Virginia. Suddenlink has been involved with two high-profile carriage disputes over

1302-456: The same period. Another user questioned a customer service representative how her equipment logged 12 GB of data used when electricity was out. By August 27, 2012, the company temporarily suspended its data usage policy while a third party was hired to validate the accuracy of its metering systems. By June 3, 2013, Suddenlink had resumed its data usage limits policy and began charging overages. After Altice completed its acquisition of Suddenlink

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1344-464: The singular Altice brand by mid-2018. Altice split from Altice USA in 2018. In September 2020, Drahi put on an offer of €2.5 billion to buy minority shareholders of Altice Europe and secure control of the company. An increased bid was accepted in January 2021, and the company delisted from the Euronext stock exchange. In June 2021, Altice acquired 12% of BT . In December 2021, Altice acquired

1386-520: The takeover in 2011, and offered to buy the remaining shares in 2012. In November 2013, Orange announced it was selling Orange Dominicana to Altice for $ 1.4 billion. In March 2014, it acquired SFR , France's second-largest mobile phone and Internet services company, from Vivendi . In November 2014, France's competition watchdog approved a deal for Numericable to acquire Virgin Mobile France for €325 million. In May 2015, Altice acquired

1428-540: The time the news was announced on September 15, 2003. The company continued to acquire smaller cable systems after it became Cebridge including 78,000 from Thompson Cablevision on January 26, 2004, expanding the company into sixteen states. The company's coverage increased to twenty-three states when it closed its acquisitions of 19,000 customers from Tele-Media on June 3, 2004, and 40,000 customers from USA Media Systems on August 19, 2004. Cebridge Connections announced it would change its name to Suddenlink Communications in

1470-570: The websites of the two stations and began to notify viewers with scrolling crawl messages on the bottom of the screen encouraging them to switch to another provider like DirecTV or Dish Network . While this was a comparable solution for the Huntington-Charleston area the two satellite providers did not provide the two stations to viewers in Beckley or Parkersburg. Suddenlink subsequently filed an Emergency Retransmission Consent Complaint with

1512-502: The years. The first was with Sinclair Broadcasting Group over two local stations it operates in the Huntington-Charleston, West Virginia designated market area . The dispute became public on June 30, 2006, and was resolved on August 8, 2006. The second involved Viacom and its cable channels Nickelodeon , MTV , Spike (Now Paramount Network ), TV Land , VH1 , and various spin-off channels. After Suddenlink completed its acquisition of cable systems from Charter Communications in 2006,

1554-499: Was announced that backing the Altice purchase of Cablevision, were private equity firm BC Partners and CPPIB . In December 2016, Altice announced its deal to sell SFR Belux to Telenet for €400 million. In March 2017, Altice acquired video ad tech firm Teads for US$ 307 million. The company filed for IPO in July 2021. In May 2017, Altice and Altice USA unveiled a new logo and slogan, "Together Has No Limits", and announced that it would unify all of its telecom holdings under

1596-447: Was deemed "under-served" by previous owners. Suddenlink completed a $ 600 million debt offering on November 5, 2009, which allowed the company to make significant upgrades. The result of the upgrades allowed the company to expand its HD services and increase the number of HDTV channels while its broadband infrastructure was upgraded to DOCSIS 3.0 technology allowing for faster broadband speeds across its footprint. In July 2013 Suddenlink

1638-607: Was not reached. Suddenlink and Sinclair reached an agreement on August 8 and withdrew their FCC petitions. While the terms of the agreement were not made public Pete Able, Suddenlink's vice president of government relations, stated the company "made it very clear" that the $ 40 million fee "was never something we could find mutually agreeable." Prior to October 1, 2014, Suddenlink carried cable channels from Viacom, including BET , CMT , Comedy Central , MTV, Nickelodeon, Paramount Network, TV Land, VH1 and various smaller spin-off networks. The two companies were able to reach an agreement at

1680-400: Was originally asking for $ 4 million in fees over the three-year life of an agreement but changed the offer to a one time fee of $ 200 per subscriber ($ 40 million total) and $ 1 per month in subscriber fees ($ 2.4 million annually) in order to carry the stations after Sinclair found out how much Suddenlink paid Charter for the systems. Suddenlink claimed it was obliged to carry the stations until

1722-404: Was reported that Altice had offered €10 billion for Bouygues Telecom , the third largest telecoms company in France. Bouygues' board refused and as of March 2016, is considering merging with Orange. On 17 September 2015, it was announced that Altice would acquire Cablevision , a Bethpage , Long Island based cable provider for US$ 17.7 billion, including debt. In October 2015, it

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1764-673: Was the first major cable provider that all technicians and installers with the company for 90 days or more had obtained at least one professional certifications from Society of Cable Telecommunications Engineers . During the same month Suddenlink and TiVo announced that Suddenlink would distribute co-branded TiVo set top boxes to its subscriber base which allows the company to provide whole home DVR services and out of home streaming of recorded content. Four years after its last acquisition Suddenlink gained 8,000 subscribers it acquired from Windjammer Communications on August 1, 2010. On April 1, 2011, Suddenlink closed its acquisition of NPG Cable from

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