Altice Opts Not to Sell Suddenlink
Altice, which had been looking at possibly selling its Suddenlink business (see 2208040037), will keep it after all. Altice's board unanimously decided continuing to operate Suddenlink "represents the best path forward for Altice USA and its stockholders," it said Thursday.…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
"They obviously didn’t get an offer at a price they considered adequate," New Street Research's Jonathan Chaplin wrote investors, noting the move was "widely anticipated."