Altice To Pay $1.4B For Orange Dominicana

Law360, New York (November 27, 2013, 3:10 PM EST) -- Luxembourg cable and telecommunications company Altice VII Sarl said Wednesday it will pay Orange SA about $1.4 billion for mobile operator Orange Dominicana SA, in a deal that nets Altice a firm boasting 3.4 million total subscribers as of September 2013.

Altice said in a statement Wednesday that the deal — which will be submitted to Orange's board of directors for approval during the week of Dec. 9 — along with Altice's late-October acquisition of cable operator Tricom SA boost the company's subscriber base by roughly...
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