Altice Group Financial Overview 9M 2013
Strategic Initiatives
Acquisition of Dominican Republican Cable Operator Tricom
Acquisition Rationale
Dominican Republic has attractive population demographics, strong GDP
growth, a growing middle class and low penetration of broadband and Pay TV
Altice to acquire c. 88% of Tricom, with the existing shareholders retaining a
12% stake
tricom
2012 Key Financials
Operating
Revenues ($m)
Adj. EBITDA
($m)
EBITDA
Margin
28.4%
Leading Pay TV and broadband market position
Recently re-launched mobile operations with 4G
Resilient and profitable fixed telephony business
Significant up-sell opportunity as single play is currently very high
Superior HFC based cable network and attractive excess mobile spectrum
Unique cost and Capex optimisation opportunity
3P Customers (% of Total)
Source: Company Information
1 As of Aug-2013
15.5%
13.0%
9.0%
7.0%
218
Capex
($m)
62
32.5%
% Op. Revenues
71
23
Capex related
to 4G/LTE
48
2010
2011
2012
2013YTD1
9
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