Altice USA

Altice USA, Inc. engages in the provision of broadband, pay television, telephony services, proprietary content, and advertising services. Its brands include Optimum, Suddenlink, Optimum Mobile, Altice Business, News 12 Networks, Cheddar News, a4 Advertising, and i24 News. The company was founded by Patrick Drahi in 2001 and is headquartered in Long Island City, NY.

Earnings data Q4 2020

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Altice USA reports revenue declines but focuses on customer-centric growth

Altice USA is navigating revenue declines while focusing on customer-centric strategies, fiber expansion, and product optimization. The company aims to drive growth through broadband and mobile services amidst market challenges and opportunities.

Altice USA sees challenges in Q1 but drives growth strategies

Altice USA's Q1 performance reflects a mix of challenges and strengths, with a strategic focus on customer experience and fiber network expansion.
The company's initiatives like Optimum Complete and investments in quality aim to drive margin and profitability despite current financial pressures.
Facing competitive intensity and operational hurdles, Altice USA is leveraging opportunities in fiber, cost management, and customer-centric strategies for growth.
Overall, Altice USA's financial outlook remains optimistic, with a strong emphasis on returning to growth and improving financial metrics in the coming quarters.

Altice USA reports strong Q2 performance, eyes growth opportunities

Altice USA's Q2 2023 performance reflects improved customer experiences, cost control, and strategic focus on revenue and EBITDA growth.
While facing challenges from an internal investigation and lack of specific guidance, the company's strengths in network technology and customer offerings position it well for future opportunities.
Opportunities lie in capitalizing on positive subscriber trends, enhancing customer loyalty, exploring financing options, and driving broadband ARPU growth.
Altice USA's continued momentum and margin improvement underscore its potential for sustained financial performance and market competitiveness.

Altice USA excels in Q3 with strong financials and growth strategies

Altice USA's Q3 performance reflects strong operational and financial metrics, driven by a focus on customer experiences, network enhancements, and strategic investments.
The company's strengths lie in its customer-centric approach, stable financial performance, and commitment to innovation through fiber deployment and AI functionality.
While facing challenges in subscriber growth and rate management, Altice USA has opportunities to capitalize on B2B growth, customer experience improvements, and market expansion strategies.

Altice USA reports stable margins and mobile growth in 2023

Altice USA's 2023 performance showcased stability in margins, growth in mobile and fiber, and enhanced customer experiences.
While facing challenges like ARPU pressure and potential impacts from sports JV, the company's strengths in profitability and customer focus position them for long-term success.
Opportunities lie in continued portfolio evolution, ARPU stabilization, and mobile segment growth, supported by financial discipline and strategic investments.

Altice USA excels in Q1, focuses on innovation and growth

Altice USA's Q1 2024 earnings call highlighted strong performance, innovation in product offerings, and a focus on customer satisfaction. Despite challenges from macroeconomic conditions, the company remains optimistic about its growth prospects and profitability. With a strategic approach to expansion and a strong emphasis on improving network quality, Altice USA is well-positioned for future success.

Altice USA reports Q2 revenue of $2.2B, faces subscriber challenges

Altice USA's Q2 2024 performance reflected revenue of $2.2 billion and adjusted EBITDA of $867 million, with a 5.9% decline in total adjusted EBITDA.
Strengths included progress in operational metrics, customer satisfaction, and growth in key business segments.
Challenges stemmed from subscriber trends impacted by competition and macro pressures, particularly in the low-income segment.
Opportunities lie in exciting developments, AI integration, network enhancements, and partnerships for future growth.

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Altice International has suspended several managers, workers and legal representatives in Portugal and elsewhere while an investigation into alleged corruption, tax fraud and money laundering at its Portuguese subsidiary is conducted, it said on Wednesday.

Altice suspends some employees amid Portuguese corruption probe

Telecoms group Altice's co-founder Armando Pereira has been detained in Portugal, local media said on Friday, as part of an investigation into alleged corruption, tax fraud and money laundering.

Altice co-founder detained in Portuguese corruption probe - media

Optimum, a brand of Altice (ATUS), introduces a new 8 Gigabit symmetrical fiber Internet service that will provide ultra-fast connectivity with enhanced reliability.

Altice (ATUS) Launches Super-Fast 8 Gigabit Fiber Broadband

NEW YORK--(BUSINESS WIRE)--Optimum, a brand of Altice USA (NYSE: ATUS), today announces the launch of its new 8 Gig symmetrical Fiber Internet service, now available to more than 1.7 million residents and businesses across the company's fiber footprint. By year end, Optimum 8 Gig Fiber will be available to nearly 3 million passings and will expand as the Company's fiber network build continues. This launch represents the largest deployment of 8 Gig internet speeds in the country and cements Opt.

Ultra-Fast Optimum 8 Gig Symmetrical Fiber Internet Service Launches Across More Than 1.7 Million Passings, Representing the Widest Availability of 8 Gig Speeds in the United States

NEW YORK , June 20, 2023 /PRNewswire/ -- Lightpath , an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, officially announced today the launch of Cloud Connect for AWS consisting of multiple service options for direct connectivity to Amazon Web Services through Amazon's Direct Connect locations in in Secaucus NJ, Boston MA, Ashburn VA, and soon in Miami FL. The services provide customers with direct, secure, all-fiber connectivity to AWS with bandwidth options up to 100 Gbps.

Lightpath Announces All-Fiber Solutions for Direct Connectivity to Amazon Web Services

Altice USA, Inc. (ATUS) reported earnings 30 days ago. What's next for the stock?

Why Is Altice USA, Inc. (ATUS) Down 12.3% Since Last Earnings Report?

BT Group PLC (LSE:BT.A)'s biggest shareholder Altice has increased its stake after swooping for a further 650mln shares. Altice, owned by Billionaire Patrick Drahi, now holds around 24.5% of the UK telco but reiterated it does not intend to make a bid for the firm.

BT's biggest shareholder Altice raises stake to 24.5%

Aggressive Expansion Demonstrates Company's Commitment to Miami 65 Route Miles of Network and Four On-Net Data Centers Planned by End of 2023 NEW YORK and MIAMI , May 15, 2023 /PRNewswire/ -- Lightpath , an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, today announced an update on its previously released entrance into the Miami market and the rapid buildout of its new, all-fiber network throughout the region. Lightpath's aggressive Miami expansion includes 65 route miles of network and four on-net data centers by end of 2023   Lightpath's new network in the Miami Central Business District (CBD) is operational and customer ready, including connectivity to two critical data centers located at 50 NE 9th Street (NAP of the Americas) and 36 NE 2nd Street (Digital Realty).

LIGHTPATH CONTINUES RAPID EXPANSION IN MIAMI

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Dennis Mathew, CEO will participate in the upcoming SVB MoffettNathanson's Inaugural Technology, Media, and Telecom Conference on Wednesday May 17, 2023. The fireside chat is scheduled to begin at 3:00 p.m. ET. For a live webcast, please visit: link. About Altice USA Altice USA (NYSE: ATUS) is one of the largest broadband communications and video services providers in the United States, delivering broadband, video, mobile,.

Altice USA to Participate in Upcoming SVB MoffettNathanson's Inaugural Technology, Media, and Telecom Conference

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Michael Olsen has been named General Counsel and Chief Corporate Responsibility Officer effective immediately. In this newly created role, he will lead the company's Legal team as well as the Government and Regulatory Affairs, Community Affairs, and ESG teams, and continue to report to Chief Executive Officer Dennis Mathew. Serving as Executive Vice President, General Counsel and Board Secretary since 2019, Mr. Olsen assume.

Altice USA Elevates Michael Olsen to General Counsel and Chief Corporate Responsibility Officer

Altice's (ATUS) first-quarter 2023 results reflect the adverse impact of a challenging macroeconomic environment and business uncertainties.

Altice's (ATUS) Q1 Earnings Beat Estimates, Revenues Falter

Altice USA, Inc. (NYSE:ATUS ) Q1 2023 Results Conference Call May 3, 2023 4:30 PM ET Company Participants Nick Brown - EVP, Corporate Finance and Development Dennis Mathew - CEO Marc Sirota - CFO Conference Call Participants Phil Cusick - JPMorgan Brett Feldman - Goldman Sachs Craig Moffett - MoffettNathanson Doug Mitchelson - Credit Suisse John Hodulik - UBS Ben Swinburne - Morgan Stanley Jonathan Chaplin - New Street Kannan Venkateshwar - Barclays Peter Supino - Wolfe Research Michael Rollins - Citi Operator Greetings, and welcome to the Altice USA First Quarter 2023 Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Altice USA, Inc. (ATUS) Q1 2023 Earnings Call Transcript

Altice USA, Inc. (ATUS) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.43 per share a year ago.

Altice USA, Inc. (ATUS) Q1 Earnings Surpass Estimates

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the first quarter ended March 31, 2023. Dennis Mathew, Altice USA Chief Executive Officer, said: "Altice USA's first quarter results reflect a continuation of the strategy we introduced in February centered on growing our broadband and mobile businesses to set a path to return to sustainable customer, revenue, and cash flow growth. The Company made significant progress in driving key initiatives to increase the reliabi.

Altice USA Reports First Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--Peanut butter + Jelly. Mario + Luigi. Spaghetti + Meatballs. Pairings that just make sense together. And now at Altice USA's (NYSE: ATUS) Optimum, the company is introducing the newest iconic duo – our converged internet + mobile offering, Optimum Complete. Today, Optimum is harnessing the power of its superior fiber to the home networks and full connectivity product portfolio to launch Optimum Complete, a simple and seamless way for customers to stay connected at hom.

Introducing Optimum Complete: Combining Optimum's Most Powerful Connectivity Products, Internet + Mobile, Unleashing Great Savings for Consumers

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NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) will host a conference call on Wednesday, May 3, 2023 at 4:30 p.m. ET to discuss financial and operating results for the first quarter ended March 31, 2023. A press release reporting the results will be issued at 4:05 p.m. ET. The call will be led by Dennis Mathew, CEO, and Marc Sirota, CFO. Dial-in Access Telephone Numbers: Participant Dial-In: 877-404-9653 / +1 201-689-8856 A live webcast of the presentation will be available on the following.

Altice USA to Hold Conference Call to Discuss Q1 2023 Results

Altice USA, Inc. (ATUS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Altice USA, Inc. (ATUS) Q1 Earnings Expected to Decline

Stock is down over 90% from 2021 peak. Market cap is already a tiny sliver of the capital structure.

Altice: A Gameplan To Buyout Of Public Shareholders

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Why Is Altice USA, Inc. (ATUS) Down 26.1% Since Last Earnings Report?

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) announces today that its Board of Directors has named a new member, Alexandre Fonseca, who will serve as Chairman of the Board. Mr. Fonseca currently serves as Co-Chief Executive Officer of Altice Group in Europe. He succeeds Dexter Goei who steps down as Executive Chairman. Mr. Goei remains a director of the board. “I'm honored to take on this role at such an important time at Altice USA,” said Mr. Fonseca.

The Altice USA Board of Directors Announces the Appointment of Alexandre Fonseca as a Director and Chairman of the Board

Network offers scalable services up to 100 Gbps between eight major U.S. cities NEW YORK , March 14, 2023 /PRNewswire/ --  Lightpath , an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, announced today the launch of an enhanced national long-haul network that will offer high bandwidth wavelength and Ethernet services between Boston, New York, Philadelphia, Ashburn, Chicago, Dallas, Atlanta, and Miami.  Lightpath's long-haul network between Boston, New York, Philadelphia, Ashburn, Chicago, Dallas, Atlanta, and Miami.

Lightpath Announces Enhanced National Long-Haul Network

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Altice, the multinational telecoms group owned by French billionaire Patrick Drahi, has finalised its joint venture arrangement with Vodafone which saw it acquire 50% of Vodafone Germany following European Commission approval. Vodafone Germany's deal with Altice, which has a 12% stake in Vodafone's primary UK rival BT, was announced back in October 2022.

BT shareholder Altice consummates partnership with Vodafone Germany

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