The shares in the Netherlands-registered company rose 12% in morning trading in Amsterdam. PARIS—Altice NV said profit rose in the second quarter helped by recent acquisitions in the U.S. which offset a slowdown in France where the cable and mobile-phone operator continued to lose subscribers amid competition from rivals. The acquisitive multimedia company, founded by billionaire entrepreneur Patrick Drahi, reported a 2.7%...

Source: Wall Street Journal August 09, 2016 06:00 UTC