Altice share plunge costs CEO Combes his job
The share price of French telecoms group Altice has been going down the toilet, resulting in the departure of CEO Michel Combes.
The value of the company has been in steady decline since the middle of this year, but fell off a cliff last week following its Q3 earnings announcement, which revealed higher than expected churn at French mobile operator SFR and warned that group earnings are expected to grow at the lower end of its guidance range. The current public value of the company is less than
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