San Francisco: French media and telecom group Altice is launching a new mobile venture in the US in a deal signed with American operator Sprint, the groups announced Sunday. Through the agreement, the French group’s American affiliate Altice USA “will utilise Sprint’s network to provide mobile voice and data services to its customers throughout the nation”, a joint statement read.
Sprint, an affiliate of Japan’s SoftBank, “will leverage the Altice USA broadband platform to accelerate the densification of its network”, it added, without providing a time frame or financial details of the deal.
The announcement came just a day after Spring and T-Mobile — a US affiliate of Deutsche Telekom — called off merger talks.
“As content and connectivity continue to converge, we believe this approach will be a model for future strategic arrangements across multiple industries including cable, tech and others,” said Sprint president and CEO Marcelo Claure.
Altice has more than 26 million mobile customers in a string of countries, including France, Portugal, Israel and the Dominican Republic, according to the company.
