Thursday , 25 April 2019
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KKR, Altice Europe Form French Telecoms Tower Business

KKR, Altice Europe Form French Telecoms Tower Business

Altice Europe NV, a publicly traded Dutch telecommunications company, and New York firm KKR & Co., said they formed Hivory, a telecoms tower company in France.

The formation of Hivory follows the completion of a deal, announced in June, of KKR’s acquisition of a 49.99% stake in Altice’s French cellphone-tower business, which includes a portfolio of 10,000 towers.

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