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Europe's Altice enters US cable frenzy with Suddenlink deal

May 21, 2015

European cable and mobile phone operator Altice, controlled by founder Patrick Drahi, is fixing its sights on the U.S. market starting with a $9.1 billion deal for St. Louis- based Suddenlink. Such companies say their costs, per subscriber, are higher than those of cable giants such as Comcast. Comcast's own $45 billion quest for No. 2 rival Time Warner Cable was...

Source: http://www.cnbc.com/id/102693622
 
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