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Altice, Cablevision Ask for License Transfers as Part of $17.7 Billion Takeover Plan

Altice and Cablevision seek FCC International Bureau approval to transfer various Communications Act Section 214 authorizations to Altice that currently are held by three Cablevision subsidiaries. The IB filing, posted Wednesday, comes as Altice is in the midst of a…

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$17.7 billion takeover of Cablevision -- a transaction not expected to face major regulatory hurdles (see 1509170015). The Section 214 authorizations to provide telecom services are held by Cablevision Lightpath, Cablevision Lightpath CT and Cablevision Lightpath NJ.