public traded as euronext atc industry telecommunications mass media founded 2001 ; 15 years ago 2001 headquarters woerden netherlands area served worldwide key people patrick drahi chairman dexter goei ceo owner patrick drahi controlling shareholder divisions altice media group portugal telecom altice usa subsidiaries sfr virgin mobile france ma cha ne sport meo sapo suddenlink communications 70 % cablevision 70 % hot tricom orange dominicana green.ch website www.altice.net altice is a netherlands 1 based multinational telecoms company founded and headed by the french billionaire patrick drahi and the second largest telecoms company in france behind orange . it has a market capitalization of us 34 billion as of may 2015 . 2 acquisitions edit in november 2013 orange announced selling orange dominican to altice for 1.4 billion . 3 in march 2014 it acquired sfr from media group vivendi france s second largest mobile phone and internet services company through its cable division numericable . in may 2015 altice acquired a 70 % controlling stake in suddenlink communications which valued the seventh largest us cable company at us 9.1 billion . the other 30 % continues to be owned by bc partners and cpp investment board . 2 in may 2015 altice was said to be launching a bid for time warner cable which has a us 45 billion market capitalization following a failed bid by comcast . 2 it is instead in the process of being acquired by charter communications . 4 in june 2015 altice acquired portugal telecom . 5 in june 2015 it was reported that altice had offered 10 billion for bouygues telecom the third largest telecoms company in france . 6 bouygues board refused and as of march 2016 is considering merging with orange . 7 on 17 september 2015 it was announced that altice would acquire cablevision a long island new york based cable provider for us 17.7 billion including debt . 4 8 in october 2015 backing the cablevision purchase for altice were private equity firm bc partners and cppib . 9 references edit altice n.v. announces the completion of the cross border merger pdf . altice press release . 10 august 2015 . retrieved 15 august 2015 . a b c smith gerry 20 may 2015 . time warner cable said to get takeover approach from altice . bloomberg . retrieved 21 may 2015 . orange reached an agreement with altice for the disposal of orange dominicana . orange.com . retrieved 10 september 2016 . a b altice to buy cablevision for 10 billion . wall street journal . 17 september 2015 . retrieved 17 september 2015 . altice finalises acquisition of portugal telecom . agence france presse and business insider . june 2 2015 . retrieved 1 august 2015 . davidson lauren 21 june 2015 . patrick drahi eyes bouygues telecom for french merger . daily telegraph . retrieved 22 june 2015 . march is go or no go for bouygues merger decision orange . cnbc.com . retrieved 10 september 2016 . ackman dan 2015 09 17 . european cable firm altice to buy cablevision for 17.7 billion . cnet . retrieved 7 october 2015 . cppib and bc partners back altice s bid for cablevision . sovereign wealth fund institute . 2015 10 28 . retrieved 30 october 2015 . retrieved from https en.wikipedia.org w index.php title altice company & oldid 739192637 categories telecommunications companies of francetelecommunications companies of the netherlands navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutschfran aisitalianonederlandsportugu s edit links this page was last modified on 13 september 2016 at 09 02 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view