08-12-2016 18:10 via feedproxy.google.com

Altice confirms IPO under consideration for US operations

(Telecompaper) Altice announced that it's considering an selling a stake in its US unit in an initial public offering. The company said it would offer a minority interest in Altice USA, which includes the cable operators Optimum and Suddenlink. The company gave no further details, saying a final decision had not been taken yet on the structure or timing of the IPO and there was no assurance it would go ahead.
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