Patrick Drahi's Altice Enters U.S.A. With Suddenlink Deal; Clash of Telco/Cable Titans Looms

Altice, the acquisitive French telecommunications group controlled by Patrick Drahi, agreed to buy a 70 per cent stake in Suddenlink of the United States and is reportedly also in talks about a deal with Time Warner Cable Inc. The challenger is in the ring; let the clash of titans begin.