Thread regarding Altice USA (Cablevision) layoffs

https://www.businesstimes.com.sg/companies-markets/drahis-telecom-empire-wrestles-corruption-probe-fallout

"The fallout from the Portuguese investigation has thrown Altice’s supply chain into a state of upheaval as the company untangles and reorganises relationships with vendors of equipment and services, according to people familiar with the situation. It’s expected to slow work on some of its networks, they said.

Among the suppliers suspended by Altice are JSC France, Edge Technology, Exaprobe Aciernet, One Repair, Excell Communications and IT Center, people familiar with the matter said."

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| 3791 views | | 3 replies (last July 25, 2023) | Reply
Post ID: @OP+1nKLOKlS

3 replies (most recent on top)

Heard they nailed the f-kus guy too. He apparently took some crumbs at 1-2 mill

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Post ID: @2zth+1nKLOKlS

union debts are basically protected though under some contracts if they sell.

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Post ID: @vsv+1nKLOKlS

It’s unraveling on one end on on fire at the other end. PD can’t sell and will not be able to operate this company much longer. This is strictly my opinion but I see Altice USA (CableVision&Suddenlink) being broken up into the top 3 MSO’s around the country. My advice to everyone is to have an exit strategy ASAP because there will be no further severance packages.

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Post ID: @hth+1nKLOKlS

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