Altice tries desperately to restore investor confidence

Embattled telecoms group Altice has been forced to issue a statement addressing recent market speculation as its shares have continued to dive.
Companies are generally reluctant to respond to ‘rumours and speculation’, but if that speculation results in a self-reinforcing downward spiral for its she price then exceptions have to be made.
In this case there had been growing fears that heavily-indebted Altice might not have enough ready-cash to handle its financial obligations and may