26 May
2017
26 May
'17
5:42 a.m.
Rod Beck wrote:
Altice is in the States and going public soon. They have been producing superior financial results. Appears to know how to run these cable networks better than the standard American management.
They don't actually lay any cable though, nor do they build their own network. They have been acquiring other telecoms at a brisk pace for 15 years as the industry consolidates. (They are debt heavy, especially for a European company, and this upcoming IPO is a 20% sale to grab more capital, riding the wave of recent market bullishness for U.S. telecoms.) Not sure if any of us network engineers will like them in 2 - 4 years - but you're a business consultant seeing this from a different perspective. ;) -- Regards, S.C.