A BANKRUPTCY

ALTICE a France telecommunications company files for chapter 15 bankruptcy in New York.

According to published reports, the request for Chapter 15 protection, which helps foreign debtors safeguard U.S.-based assets while working through international restructuring, comes as the company gasps for air amid rising interest rates, mounting inflation, and relentless sector competition.

https://usaherald.com/altice-france-filed-for-chapter-15-in-us-court/

Links

DONews

The Hollywood Reporter - The Cable Business Is In Flux. Altice USA’s CEO Thinks There’s a Path Forward (Yes, Even For Pay TV)

Future of cable TV will be skinny bundles with streaming add-ons Altice CEO says in deal with Disney.

Topic

Finance, Lobbying

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