Altice Makes an Offer to Buy Atlantic Broadband





Altice USA Inc. announced that It has made an offer to Cogeco Inc. and Cogeco Communications Inc. to acquire Cogeco, making Altice the owner of Atlantic Broadband.

If the offer goes through, Altice would sell he Canadian assets of Cogeco to Rogers Communications, Inc.

Atlantic Broadband is currently the 9th largest cable operator in the US, offering broadband, phone, and video services for businesses and residents in Connecticut, Delaware, Florida, Maine, Maryland, New Hampshire, New York, Pennsylvania, South Carolina, Virginia and West Virginia.

“As part of Altice USA, Atlantic Broadband would benefit from enhanced scale, operating efficiencies and further investment support that are at the core of the Altice business model and strategy,” the company said in an announcement about the offer.

Detailing its offer, Altice shared that the aggregate all-cash consideration offered for all of the outstanding shares of Cogeco Inc. and Cogeco Communications Inc. is approximately $7.8 billion, including approximately $3.6 billion that Altice would pay for the US assets.

“We look forward to the opportunity to extend Altice USA’s high-quality broadband, video, mobile, and news offerings to more than 1.1 million additional homes and businesses,” said Dexter Goei, Chief Executive Officer of Altice USA.

Did you know we now have a FREE app for iOSAndroidand Amazon Fire? Click HERE to download our app.

Please follow us on Facebook and Twitter for more news, tips, and reviews. Need cord cutting tech support? Join our Cord Cutting Tech Support Facebook Group for help.

Disclaimer: To address the growing use of ad blockers we now use affiliate links to sites like, streaming services, and others. Affiliate links help sites like Cord Cutters News, stay open. Affiliate links cost you nothing but help me support my family. We do not allow paid reviews on this site. As an Amazon Associate I earn from qualifying purchases.

Subscribe to Our Newsletter

* indicates required

Please select all the ways you would like to hear from :

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp’s privacy practices here.