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Altice Group
Altice Europe N.V. (commonly known as Altice) is a French multinational telecommunications and mass media company with official headquarters in the Netherlands, founded and headed by the French-Israeli billionaire businessman Patrick Drahi, and the second largest telecoms company in France, behind Orange. It had a market capitalization of €13.7 billion in December 2017, and a market cap of less than €6 billion in June 2019, an 80% decline for the stock since Drahi financed the business with debt. In 2016, the company had over 50 million internet, TV, and phone customers in Western Europe, Israel, the United States (where it formerly operated) and the Caribbean. Altice formerly owned a subsidiary in the USA until that company, while retaining the Altice name, was spun off through an IPO in June 2019, making the former USA division independent from the rest of Altice but retaining the same chairman, Patrick Drahi, and the same logo. History Altice bought several regional ca ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism Th ...
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Portugal Telecom
Altice Portugal (formerly known as Portugal Telecom or PT) is the largest telecommunications service provider in Portugal. Since June 2, 2015, the company has been a wholly owned subsidiary of Altice Europe, a multinational cable and telecommunications company with a presence in France, Israel, Belgium, Luxembourg, Portugal, French West Indies/Indian Ocean Area, the Dominican Republic, and Switzerland. The assets in Portugal were sold to Altice in 2015 per request of Oi SA to reduce debt. The African assets were mostly sold for the same reason. Portugal Telecom, SGPS SA was split in separate companies: PT Portugal (now Altice Portugal) and Pharol (formerly PT SGPS), which owns a 27,5% stake in Oi. History The first telephone experiments in Portugal connected Carcavelos to the Central do Cabo in Lisbon, in 1877. In 1882, the Edison Gower-Bell Telephone Company was established in both Lisbon and Porto, to develop the respective telephone service concessions. In 1887, the conc ...
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Charter Communications
Charter Communications, Inc., is an American telecommunications and mass media company with services branded as Spectrum. With over 32 million customers in 41 states, it is the second-largest cable operator in the United States by subscribers, just behind Comcast, and the third-largest pay TV operator behind Comcast and AT&T. Charter is the fifth-largest telephone provider based on number of residential lines. In late 2012, with longtime Cablevision executive Thomas Rutledge named as their CEO, Charter relocated its corporate headquarters from St. Louis, Missouri, to Stamford, Connecticut, though kept many of its operations in St. Louis. On May 18, 2016, Charter finalized acquisition of Time Warner Cable and its sister company Bright House Networks, making it the third-largest pay television service in the United States. Charter ranked No. 70 in the 2019 Fortune 500 list of the largest United States corporations by total revenue. History 1980–1998: Beginnings Charter Communi ...
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Comcast
Comcast Corporation (formerly known as American Cable Systems and Comcast Holdings),Before the AT&T merger in 2001, the parent company was Comcast Holdings Corporation. Comcast Holdings Corporation now refers to a subsidiary of Comcast Corporation, not the parent company (seeBloomberg profile on Comcast Holdings Corporation. Technically, the current parent company was founded December 7, 2001 as CAB Holdings Corporation, which changed its name to AT&T Comcast Corporation before finally taking on the Comcast Corporation name (seeNov 2002 8K/A Form anNov 2002 S-4) headquartered in Philadelphia, is the largest American multinational telecommunications conglomerate. It is the second-largest broadcasting and cable television company in the world by revenue (behind AT&T), the largest pay-TV company, the largest cable TV company and largest home Internet service provider in the United States, and the nation's third-largest home telephone service provider. It provides services to U.S. ...
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Time Warner Cable
Time Warner Cable, Inc. (TWC) was an American cable television company. Before it was acquired by Charter Communications on May 18, 2016, it was ranked the second largest cable company in the United States by revenue behind only Comcast, operating in 29 states. Its corporate headquarters were located in the Time Warner Center in Midtown Manhattan, New York City, with other corporate offices in Stamford, Connecticut; Charlotte, North Carolina; and Herndon, Virginia. It was controlled by Warner Communications, then by Time Warner (later known as WarnerMedia and now Warner Bros. Discovery). That company spun off the cable operations in March 2009 as part of a larger restructuring. From 2009 to 2016, Time Warner Cable was an entirely independent company, continuing to use the Time Warner name under license from its former parent company (including the " Road Runner" name for its Internet service, now Spectrum Internet). In 2014, the company was the subject of a proposed purchase ...
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CPP Investment Board
The Canada Pension Plan Investment Board (CPPIB; french: Office d'investissement du régime de pensions du Canada), operating as CPP Investments (french: Investissements RPC), is a Canadian Crown corporation established by way of the 1997 ''Canada Pension Plan Investment Board Act'' to oversee and invest the funds contributed to and held by the Canada Pension Plan (CPP). CPP Investments is one of the world's largest investors in private equity, having invested over US$28.1 billion between 2010 and 2014 alone. Despite being a Crown corporation, CPPIB is not considered a sovereign wealth fund because it operates at arm's length from the Government of Canada and solely manages CPP contributions paid by workers and employers, not public funds. As of June 30, 2022, the CPP Investment Board manages over C$523 billion in assets under management for the Canada Pension Plan on behalf of 20 million Canadians. History The Canada Pension Plan was first established in 1966. For much of i ...
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BC Partners
BC Partners is a British international investment firm with over $40 billion of assets under management across private equity, credit and real estate in Europe and North America. Its global headquarters are in London. The firm invests across all industries. BC Partners was founded in 1986 and has offices in New York, Paris, Milan and Hamburg. Since inception, BC Partners has completed 113 private equity investments in companies with a total enterprise value of €145 billion. As one of the largest European private equity firms, BC Partners competes for buyouts and investment opportunities with other large cap private equity firms including Blackstone Group, KKR, CVC Capital Partners, Advent International and The Carlyle Group. The firm raised its eighth fund in 2005, which at the time made it the largest European buyout fund. Raised in less than five months, the fund was heavily oversubscribed. Investors in previous funds supplied 90% of the capital. The firm's most recent fund ...
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Suddenlink Communications
Suddenlink was an American telecommunications subsidiary of Altice USA trading in cable television, broadband, IP telephony, home security, and advertising. Prior to its acquisition by Altice, the company was the seventh largest cable operator with 1.5 million residential and 90,000 business subscribers. After Altice acquired Cablevision Systems Corporation on November 30, 2016, Suddenlink was combined with Cablevision. Together with Optimum - the name used by Cablevision for its products - Altice USA became the United States' fourth largest cable operator with 4.6 million subscribers, and the sixth largest Pay TV service provider with 3.5 million subscribers. On August 1, 2022, Suddenlink rebranded into Optimum. History The predecessor to Suddenlink Communications was Cebridge Communications that was formed in September 2003 by its parent company Cequel III. Cequel III was formed in January 2002 by Jerry Kent, a former CEO for Charter Communications, Charter's co-founder Howard W ...
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Virgin Mobile France
Virgin Mobile France was a cellular telephone operator in France. It launched in 2006 as a joint venture between Virgin Group and Carphone Warehouse. The company operated as a mobile virtual network operator (MVNO), whereby it did not own or operate its own mobile network but instead used the network of Orange S.A. As of June 2014, the company was the largest MVNO in France, with 1.5 million customers, and had a market share of 1.3% at the beginning of 2014. Carphone Warehouse and Virgin Group reached an agreement to sell their holdings to the French cable TV operator Numericable in June 2014 for €325 million, subject to regulatory approval. The sale was completed on 5 December 2014. In November 2015, Numericable-SFR (now SFR) announced it would discontinue use of the Virgin Mobile brand, moving customers on fixed-term plans to its SFR brand, and those without contracts to its RED brand. See also *Virgin Mobile Virgin Mobile is a wireless communications brand used by seven ...
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Vivendi
Vivendi SE is a French mass media holding company headquartered in Paris. Widely known as the owner of Gameloft, Groupe Canal+, Havas, Editis, Prisma Media, Vivendi Village and Dailymotion, the company has activities in television, film, video game, book publishing, print press, communication, Ticket (admission), tickets and video hosting services. Bolloré is the largest shareholder at approximately 30% of the company. Vivendi's chairman Yannick Bolloré is also CEO of Havas, which was spun-off from Vivendi in 2000 but has since become a subsidiary. History Origins On 14 December 1853, a water company named Compagnie Générale des Eaux (CGE) was created by an imperial decree of Napoleon III. In 1854, CGE obtained a concession in order to supply water to the public in Lyon, serving in that capacity for over a hundred years. In 1861, it obtained a 50-year concession with the Paris, City of Paris. CGE also supplied water to Nantes, Venice (from 1880), Istanbul, Constantinop ...
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Numericable
Numericable was a major French Cable television, cable operator and telecommunications services company. Numericable was originally created in 2007 from the merger between former competitors Noos and NC Numericable networks. Numericable Group SA was founded in August 2013 to act as the parent company of Numericable group companies and to offer its shares on the stock exchange. The company provides broadband, cable broadband services in France, Luxembourg and Portugal, offering digital television, digital and analog television, analog television, Internet access, Internet, and phone services to homes. From 2008, Numericable also offered mobile telephone services to its customers. It was the leading cable television provider and internet access provider in metropolitan France. From 2012, Numericable held the largest high-speed broadband networks, broadband network in France, including a small portion using optical fiber or FTTX. On September 19, 2013, following failed talks with the ...
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