What Altice's purchase of Cablevision means for consumers

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LOS ANGELES (AP) — European telecoms operator Altice has made a deal to buy Cablevision, a New York based-cable company. It marks the company's second foray into the U.S. market, following its announcement in May that it was buying St. Louis-based Suddenlink. And it's one more tie-up in a wave of consolidation that is sweeping the U.S., which in recent months has seen Charter agree to merge with Time Warner Cable and AT&T buy DirecTV.

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