Altice tries to raise some cash with US IPO
The US arm of French telecoms conglomerate Altice is heavily in debt following a spate of acquisitions, so it’s having a whip-round in the public markets.
The US arm of French telecoms conglomerate Altice is heavily in debt following a spate of acquisitions, so it’s having a whip-round in the public markets.
There was more bad news for networking giant Ericsson as credit rating agency Moody’s downgraded its debt to junk status for the first time since 2005.
The name Masayoshi Son is coming up ever more frequently in Telecoms.com stories as the Chairman of SoftBank steps up his technology investment activities.
Snap’s most recent filing with the Securities and Exchange Commission, the team are chasing after an IPO which would value the business at $18.5 billion, less than half of its initial ambitions.
Some of the biggest IPOs of recent years have been social media companies and Snapchat will be no exception, but it may be one dotcom gamble too many.
A quick glance at some of the ICT companies of tomorrow, who are getting a cheeky cash injection today.
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