Items tagged with altice
To borrow and butcher a line from Social Network, a 1Gbps Internet connection isn't cool. You know what's cool? A 10Gbps Internet connection. Altice USA, the fourth-largest cable operator in the U.S., is investing in upgrading its entire network infrastructure to a ultra speedy fiber-to-the-home solution capable of delivering speeds of 10 gigabits per second by 2020. "Across the globe Altice has invested heavily in building state-of-the-art fiber-optic networks, and we are pleased to bring our expertise stateside to drive fiber deeper into our infrastructure for the benefit of our U.S. Optimum and Suddenlink customers," said Dexter Goei, Altice USA Chairman and Chief Executive Officer. "Today,...
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It's nice to feel wanted, isn't it? Time Warner Cable knows the feeling. The cable company has been courted by numerous bidders in recent months, and though a $45 billion merger with Comcast ultimately fell apart due to regulatory concerns, it would be surprising if a deal didn't happen. In addition to Charter and Cablevision showing interest, we can now add Altice SA to what seems like a growing list of suitors.According to Reuters, the French telecommunications group has been in talks to buy TWC and is also close to acquiring Suddenlink. Altice SA wants desperately to move into the U.S. cable market, and buying out existing players would be the quickest way to do that. It's also an expensive...
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