Altice One buys Coditel

28 Nov 2003

Luxembourg-based cableco Altice One has purchased rival operator Coditel Brabant for EUR82 million. The purchase will see Altice inherit Coditel’s estimated 185,000 cable TV and 8,000 internet subscribers in Brussels and Luxembourg City, but does not include its 50% stake in WorldCom Belgium. Coditel Brabant was previously owned by France’s Suez Lyonnais (79.5%) and Belgian company Ackermans & van Haaren (20.5%).

Belgium, Luxembourg, Altice Europe (formerly Altice Group)