London, 10 December 2014 -- Moody's Investors Service today placed the (P)B1 Corporate Family Rating (CFR) of Altice S.A. ("Altice") and the B1 CFR and the B1-PD Probability of Default Rating (PDR) of its Altice International S.a.r.l ("Altice International") subsidiary under review for downgrade. The (P)B3 debt ratings of senior notes at Altice, the B1 senior secured debt ratings at Altice International'sAltice Financing S.A. ("Altice Financing") financing subsidiary and the B3 senior notes ratings at Altice Finco S.A. ("Altice Finco"), another financing vehicle of Altice International were also placed under review for downgrade. Ratings for Altice'sNumericable Group S.A. ("Numericable") subsidiary, including the (P) Ba3 senior secured debt ratings at Numericable remain unchanged.

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