
Altice / Numéricable
In 2007, Altice generated sales of 1.2B€. Altice's activity is organised around a B2C division through Ypso, the cable leader in France, and a B2B division (Completel). The Ypso Group (Numericable, Est Video and Coditel) proposes a triple play offering (telephone + TV + Internet) aimed at individuals in France, Luxembourg and Belgium, and generated sales of 0.9B€ in 2007. Numericable covers more than 9.6 million households in France, i.e. around 37% of the French population. Completel was acquired in 2007 and offers ADSL to businesses. It posted sales of 0.3 B€ in 2007. The strategy used by the sponsors (Carlyle and Cinven) and the management mainly involves:
- pursuing the development of fibre optic services, which offers Numericable a key competitive advantage;
- generating complementary sales opportunities and cost synergies through the linkup with Completel (B2B);
- intensifying the Group's commercial deployment to individuals and businesses;
- launching new offers, in particular an ADSL offering for individuals, a mobile virtual network operator service (MVNO), video on demand (VOD), etc.
- Website : http://www.numericable.fr/
| As at june 30, 2008 | |
|---|---|
| Net asset value | €13.5 million |
| Estimated value | €13.5 million |

