The Federal Communications Commission has approved Altice NV’s proposed $17.7 billion acquisition of Cablevision Systems Corp. As part of the deal, the European telecom group would assume Cablevision debt and invest to upgrade the company’s broadband. According to the FCC, Altice has a record of improving services after investing in broadband companies in Belgium, France, Israel, Luxembourg and Portugal. In December, the FCC approved Altice’s $9.1 billion purchase of Missouri-based cable company Suddenlink Communications. Continue reading FCC Signs Off on Altice Acquisition of Cablevision Systems