Paris - March 12, 2014: Altice S.A. (Euronext: ATC) ("Altice") today announces
that its wholly-owned subsidiary, Altice Dominicana S.A.S. has completed the
previously announced acquisition of Tricom S.A..
Tricom is a triple-play and mobile operator in the Dominican Republic and has
been acquired from Hispaniola Telecom Holdings, Ltd , a company controlled by
Amzak Capital Management and Inversiones BahÃa. The acquisition was financed by
the proceeds of the offering of the $400m senior notes due 2020, issued in
December 2013.
The acquisition of Tricom strengthens Altice's presence in the Caribbean where
it already offers pay-TV, broadband and mobile services in Martinique,
Guadeloupe and French Guyana.
Contacts:
Investor Relations
Richard Williams: +44 (0)7946 348939 / richard.williams@altice.net
Media:
Havas - Charles Fleming: +33 (0)614 450 522 / Charles.fleming@havasww.com
About Altice
We are a multinational cable and telecommunications company with presence in
three regions-Western Europe (comprising France, Belgium, Luxembourg, Portugal
and Switzerland), Israel and the French Overseas Territories (currently
comprising the French Caribbean and the Indian Ocean regions). We provide cable
based services (high quality pay television, fast broadband Internet and fixed
line telephony) and, in certain countries, mobile telephony services to
residential and corporate customers.
Press Release as PDF:
http://hugin.info/156399/R/1768290/600987.pdf
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Source: Altice SA via GlobeNewswire
[HUG#1768290]