Castillo y Castillo advises Altice Group on adquisition of Orange Dominicana
December 2, 2013
Castillo y Castillo advised Luxembourg-based telecoms company Altice on the adquisition of Orange Dominicana, one of the leading mobile operators in the Dominican Republic with 3.4 million subscribers.
The acquisition of Orange Dominicana, following its announced acquisition on October 31, 2013 of cable operator Tricom, fits perfectly with Altice’s strategy of combining both fixed and mobile assets in order to offer quadruple play services over state-of-the-art communication networks.
The Orange Dominicana transaction also strengthens Altice’s presence in the Caribbean where it already offers pay-TV, high-speed broadband and mobile services in Martinique, Guadeloupe and French Guyana.
Castillo y Castillo´s team was led by partner Praxedes J. Castillo, coordinated by managing partner Tania M. Castillo and supported by experienced associates. The team developed the best purchase structure to deliver business growth.
The firm´s selection was based on its expertise and outstanding referrals.
The transaction represents one of the largest and groundbreaking telecoms operator acquisitions in the Dominican Republic.
About Castillo y Castillo Castillo y Castillo is a leading law firm dedicated to provide creative solutions to the most complex issues. The firm supports its clients’ business goals across a range of sectors with practical advice tailored to their objectives.
About Altice Altice is a Luxembourg based company, founded by telecom entrepreneur Patrick Drahi. Altice and its affiliates currently regroup and operate cable, mobile, DSL and datacentre companies in France, Israel, Belgium, Luxembourg, the Caribbean, Indian Ocean, Portugal and Switzerland, servicing both residential and professional customers.