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 Bahía. 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.
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Source: Altice SA via Globenewswire
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