Altice Europe’s Israeli Subsidiary Denies Sale Report
On Friday, Reuters said that Altice has hired Morgan Stanley to consider options for its Israeli subsidiary Hot
Golan Hazani | 12:19 03.03.2019
Hot Telecommunication Systems Ltd., the Israeli cable television subsidiary of telecom company Altice Europe, is denying reports of its divestment. On Friday, Reuters reported that Altice has hired Morgan Stanley to consider options for its Israeli subsidiary, as the Netherland-based telecom is interested in streamlining its operations.
For daily updates, subscribe to our newsletter by clicking here.Both Altice and Hot declined to comment to Reuters, but a Hot representative told Calcalist Saturday that the company is not up for sale.