Altice (company)

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Altice Europe N.V.

Company type	Private
Industry	Telecommunications Mass media
Founded	2001; 23 years ago (2001)
Founder	Patrick Drahi
Headquarters	Woerden, Netherlands
Area served	Worldwide
Key people	Patrick Drahi (Chairman) Alain Weill (CEO)
Products	Cable television, Direct-broadcast satellite, broadcasting, broadband and telephony services, mass media
Revenue	€2.54 billion (2017)
Operating income	€2.845 billion (2017)
Net income	€179.3 million (2017)
Total assets	€88.39 million (2017)
Total equity	€30.00 million (2017)
Owner	Patrick Drahi (controlling shareholder)
Number of employees	47,143 (2018)
Divisions	Altice Média
Subsidiaries	Altice Dominicana Altice France Altice Portugal Hot
Website	www.altice.net

Altice Europe N.V. (commonly known as Altice) is a French multinational telecommunications and mass media company with official headquarters in the Netherlands, founded and headed by the French-Israeli billionaire businessman Patrick Drahi, and the second largest telecoms company in France, behind Orange.

It had a market capitalization of €13.7 billion in December 2017, and a market cap of less than €6 billion in June 2019, a 56% decline for the stock since Drahi financed the business with debt.^[1][2] In 2016, the company had over 50 million internet, TV, and phone customers in Western Europe, Israel, the United States (where it formerly operated) and the Caribbean.^[3] Altice formerly owned a subsidiary in the USA until that company, while retaining the Altice name, was spun off through an IPO in June 2019, making the former USA division independent from the rest of Altice but retaining the same chairman, Patrick Drahi, and the same logo.^[4]