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Altice USA to sell just under half of enterprise unit Lightpath for USD 2.3 bln cash

2020-07-29 09:03:00| Telecompaper Headlines

(Telecompaper) Altice USA has agreed to sell just under half of its Lightpath fibre enterprise business to Morgan Stanley Infrastructure Partners, in a deal that implies an enterprise value of USD 3.2 billion. The transaction is expected to close in the fourth quarter. 

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