Cable giant Altice will become a wireless carrier with Sprint’s help

Just because Sprint was jilted at the altar doesn’t mean its weekend was all bad. The carrier has struck a deal that will turn Altice (the French company that bought CableVision) into an American wireless provider. Under the agreement, Altice USA will have “full” use of Sprint’s network for nationwide vocie and data service. In […]

Altice USA prices its IPO at $30 a share (ATUS)

Thomson Reuters (Reuters) – Altice USA Inc, the cable operator that Netherlands-based Altice NV formed by acquiring Cablevision and Suddenlink Communications, said on Wednesday it had raised $ 1.9 billion in an initial public offering. Taking Altice USA public will give Altice‘s founder, French billionaire Patrick Drahi, traded shares in the company which he can […]