Statement by Next Alt

Next Alt S. r.l.

Metadata
Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Thursday, June 10, 2021
Information
Tags: 
Banking, Professional services, Finance, Companies of the United Kingdom, Companies, Altice, BT Group
Geotags: 
LUXEMBOURG, Europe, FRANCE, PORTUGAL, DOMINICAN REPUBLIC, ISRAEL
⚠generated by AI ↴
Summary
Key Points: 
  • Next Alt S. r.l.
  • confirms that its affiliate Altice UK has made a minority investment in BT Group plc.
  • Next Alt S. r.l.
  • Next Alt S. r.l.


Next Alt S.à r.l.

Next Alt S.à r.l. confirms that its affiliate Altice UK has made a minority investment in BT Group plc.

Next Alt S.à r.l. now has ownership of the following five different and separate entities, each financially standalone and independent:

- Altice UK

- Altice USA

- Altice France (SFR – #2 telecom operator in France; BFMTV – #1 news channel in France)

- Altice International (Altice Portugal – #1 telecom operator in Portugal; HOT – #2 telecom operator in Israel; Altice Dominican Republic – #2 telecom operator in Dominican Republic; Teads – global leader in video digital advertising)

- Sotheby’s (global art and luxury company established in 1744)

No shares of any affiliates have been pledged for this transaction.

Next Alt S.à r.l. is fully owned by Patrick Drahi.

Tag: ATUS, NYSE

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