Altice’s Caribbean selloff signals shrinking ambition 23 Nov 2017 Patrick Drahi’s telecom and cable group may dump its Dominican Republic unit just four years after buying it. That adds credibility to the entrepreneur’s plan to cut debt by flogging assets. It also underscores that Altice’s days of heady, M&A-led growth are firmly in the past.
Dominican Republic economy faces tricky crosswinds 30 Dec 2016 The Caribbean nation of 10 mln has notched the strongest GDP growth in the Western Hemisphere for the third year running - over 6 pct for 2016. Low oil prices, pro-business reforms, U.S. growth and an influx of cash from Venezuela all helped. The perfect storm won't keep blowing.