TeleGeography Logo

Altice International Q3 revenue up 19.1%; group acquires 95% stake in Fibroglobal

17 Nov 2022

Altice International has reported total revenue of EUR1.296 billion (USD1.346 billion) for the quarter ended 30 September 2022, representing growth of 19.1% year-on-year from EUR1.089 billion in 3Q21. EBITDA climbed 11.0% y-o-y from EUR413 million in the year-ago period to EUR458 million in 3Q22.

In operational terms, Altice International reported a total of 11.111 million B2C mobile subscriptions across its three markets (Portugal, Israel and Dominican Republic), alongside 3.075 million unique fixed B2C subscriptions.

In a key development of note, Altice has confirmed that it completed the acquisition of a 95% stake in Portuguese wholesale operator Fibroglobal, via its 50.01%-owned FastFiber subsidiary on 10 October 2022. The total purchase price for the deal was EUR76 million.

Portugal, Altice International, FastFiber (formerly Altice Portugal FTTH), Fibroglobal, Next Alt

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.

TeleGeography

TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.