Altice - "The future begins today"

Paris, 14th March 2014 - Altice (Euronext: ATC), the second-largest cable operator in Europe, welcomes the decision by Vivendi's Supervisory Board, which met on 14th March 2014, in favour of Altice for a merger between SFR and Numericable. Bringing together SFR and Numericable will create the French and European leader in the convergence of very high speed broadband and mobile networks...

Paris, 14th March 2014 - Altice (Euronext: ATC), the second-largest cable operator in Europe, welcomes the decision by Vivendi's Supervisory Board, which met on 14th March 2014, in favour of Altice for a merger between SFR and Numericable.

Bringing together SFR and Numericable will create the French and European leader in the convergence of very high speed broadband and mobile networks.

This is an ambitious, growth-oriented industrial project, which will be carried out in full respect of the commitments that Altice has undertaken with the French government.

Patrick Drahi, founder and Chairman of the Altice group said: "We are very pleased and very proud that our offer has been accepted in line with the specific and objective criteria set in place by Vivendi serving the interests of employees and shareholders. Together we will work to create a national and European champion of very high speed broadband and mobile communications.  The future begins today."

 

 

Contacts:

 

Investor Relations

 

Richard Williams: +44 (0)7946 348939 / [email protected]

 

Media:

 

Havas - Charles Fleming: +33 (0)614 450 522 / [email protected]

 

 

 

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.

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