The factors in favour of a rise in the Altice share price:
First of all, bear in mind that Altice is the group to which the SFR-Numéricable company belongs. This company occupies a very advantageous position in the telecommunications sector in France as well as in the UK market since the takeover of Virgin Mobile. Their positions are also interesting in other countries such as Portugal. In fact, on the French market, Altice's Numéricable-SFR subsidiary owns over 20% of the fixed line telephony market, more than 30% of the mobile line telephony market and 20% of the B2B market in this sector thanks to the Completel brand. It also owns more than 15% of the market share of pay television services.
The Altice group also benefits from a turnover which has been steadily increasing for several years. In fact, in just 3 years, this turnover has increased from one billion euros to over 21 billion euros, which is more than enough to motivate investors and future shareholders to take an interest in this value.
Altice has also made a place for itself among the global leaders of the telecoms sector thanks to a very thorough acquisition strategy. In total, the group invested more than 50 billion euros in these business buyouts, especially with the takeover of SFR in France, of Portugal Telecom in Portugal and the takeover of Suddenlink and Cabletelevision in the USA. So, this group, which previously only had a strong presence in France and Europe, is gradually expanding its empire elsewhere in the world.
You'll also notice that the operational profitability of most of the companies owned by Altice is largely positive, averaging over 35%. The group has succeeded in rapidly generating synergies from mergers and increasing its profits in various segments.
The fact that the group doesn't just carry out activities in telecoms but, little by little, tends towards diversifying into different sectors of activity clearly demonstrates its ability to protect itself from the risk associated with exposure to a single and same segment. Altice invests mainly in the technological field, which has enabled a sound technical lead over its competitors thanks to the very high speed of optical fibre in which it owns more than 65% of the market share.
Finally, again thanks to its various subsidiaries and companies, the Altice group suffers very little from competition and remains a key figure in the market.