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MarketScreener Homepage  >  Equities  >  Euronext Amsterdam  >  Altice Europe N.V.    ATC   NL0011333752

ALTICE EUROPE N.V.

(ATC)
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Israeli regulator awards licences for 5G networks

08/13/2020 | 05:40am EST

Israel's Communications Ministry said on Thursday it has concluded a tender to award frequencies to operate fifth generation (5G) mobile networks.

Cellcom, Israel's largest mobile phone operator which is in the process of acquiring rival Golan Telecom, said it will pay 115 million shekels ($34 million) in license fees.

Partner Communications, the second-largest mobile operator, said it will pay, together with HOT Mobile, 62.3 million shekels for its frequencies. Partner operates a joint radio network with HOT, a subsidiary of telecoms and cable group Altice Europe.

Pelephone, a subsidiary of Bezeq Israel Telecom, said it will pay 88.2 million shekels. The payments are due in September 2022.

Israel's three main telecom operators have been struggling to stay profitable in a country with nine million people and nine mobile providers after a sector shake-up in 2012.

($1 = 3.4044 shekels)

(Reporting by Tova Cohen)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ALTICE EUROPE N.V. 0.38% 4.478 Delayed Quote.-22.58%
BEZEQ THE ISRAEL TELECOMMUNICATION CORPORATION LIMITED 0.95% 372.7 Delayed Quote.33.66%
PARTNER COMMUNICATIONS COMPANY LTD. -1.79% 1583 Delayed Quote.5.66%
All news about ALTICE EUROPE N.V.
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11/25ALTICE EUROPE N : International - Q3 2020 Consolidated Financial Statements
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11/23ALTICE EUROPE N : France - Q3 2020 Consolidated Financial Statements
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More news
Financials
Sales 2020 14 939 M 18 178 M 18 178 M
Net income 2020 -264 M -321 M -321 M
Net Debt 2020 31 511 M 38 342 M 38 342 M
P/E ratio 2020 -21,3x
Yield 2020 -
Capitalization 5 329 M 6 439 M 6 485 M
EV / Sales 2020 2,47x
EV / Sales 2021 2,34x
Nbr of Employees 45 409
Free-Float 45,3%
Chart ALTICE EUROPE N.V.
Duration : Period :
Altice Europe N.V. Technical Analysis Chart | ATC | NL0011333752 | MarketScreener
Technical analysis trends ALTICE EUROPE N.V.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 16
Average target price 5,52 €
Last Close Price 4,45 €
Spread / Highest target 260%
Spread / Average Target 24,1%
Spread / Lowest Target -10,1%
EPS Revisions
Managers
NameTitle
Alain Phillippe Romain Weill Chief Executive Officer & Executive Director
Patrick Drahi President & Executive Director
Jurgen van Breukelen Chairman
Armando Pereira Chief Operating Officer
Malo Pascal Jean-Pierre Corbin Chief Financial Officer
Sector and Competitors
1st jan.Capitalization (M$)
ALTICE EUROPE N.V.-22.58%6 439
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