The comments came during a meeting with investors in New York on Thursday, an unofficial transcript of which was seen by Bloomberg. An Altice spokesperson confirmed its accuracy and declined to comment.
Lenders to Altice have been scrutinizing efforts to reduce the group’s heavy debt loads, in the face of a surge in borrowing costs and looming debt maturities. The network of businesses includes Altice France, Altice International — which has operations in Portugal, Israel and the Dominican Republic — as well as the listed Altice USA.
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