Were the deal to pass regulatory muster, Altice would become one of the largest U.S. communication providers. Cablevision has about 2.6 million customers while Suddenlink has about 1.1 million, for a total of some 7.7 million subscribers. That would make Altice the third-largest U.S. triple play provider.
The proposed deal values Cablevision at $17.7 billion, and would be a larger transaction than the $9 billion paid to acquire Suddenlink Communications.
Many of us long had thought Cablevision would be purcased by Time Warner or Comcast. The Altice move is big and bold. Some think Altice will face regulatory opposition. That seems to me unlikely. T-Mobile US and Sprint both are largely owned by international entities.
U.S. Triple Play Providers
| ||
Companies
|
Subscribers at
End of 2Q 2015
|
Net Adds in
2Q 2015
|
Comcast
|
22,306,000
|
(69,000)
|
Time Warner Cable
|
10,982,000
|
(43,000)
|
Charter
|
4,258,000
|
(30,000)
|
Cablevision
|
2,637,000
|
(16,000)
|
Suddenlink
|
1,102,600
|
(29,400)
|
Mediacom
|
879,000
|
(12,000)
|
Cable ONE
|
399,878
|
(21,455)
|
Other major private companies*
|
6,395,000
|
(40,000)
|
Total Top Cable
|
48,959,478
|
(260,855)
|
Satellite TV Companies (DBS)
| ||
DirecTV
|
20,279,000
|
(133,000)
|
DISH^
|
13,932,000
|
(81,000)
|
Total Top DBS
|
34,211,000
|
(214,000)
|
Telephone Companies
| ||
AT&T U-verse
|
5,971,000
|
(22,000)
|
Verizon FiOS
|
5,765,000
|
26,000
|
Total Top Phone
|
11,736,000
|
4,000
|
Total Top Pay-TV Providers
|
94,906,478
|
(470,855)
|
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