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Altice USA, Inc. - ATUS STOCK NEWS

Welcome to our dedicated page for Altice USA news (Ticker: ATUS), a resource for investors and traders seeking the latest updates and insights on Altice USA stock.

Altice USA, Inc. (NYSE: ATUS) is a leading telecommunications company, committed to creating connections that matter. Operating under prominent brands like Optimum and Suddenlink, Altice USA provides high-speed broadband, digital television, and phone services to millions of customers across the United States.

Altice USA also offers mobile services through Altice Mobile and Altice WiFi, delivering seamless connectivity and advanced mobile solutions. The company's media assets include Cheddar, News 12, and i24News, providing around-the-clock news coverage and innovative content delivery.

With a focus on advanced advertising, a4 Advertising empowers businesses through targeted, data-driven advertising solutions. Altice Business caters to the diverse needs of businesses, offering comprehensive communication services and cutting-edge technology to drive growth and efficiency.

The company has achieved significant milestones, including the acquisition of Suddenlink in 2015 and Cablevision in 2016, expanding its reach to over 9.5 million homes and businesses. In 2018, Altice USA was spun off from Altice Europe to operate as an independent, publicly traded entity.

In recent developments, Altice USA's subsidiary, Lightpath, announced groundbreaking measures to enhance network security with the launch of LP DDoS Shield. This innovation aims to safeguard against sophisticated DDoS attacks using advanced detection and mitigation technologies, ensuring robust and reliable connectivity for Lightpath's customers.

Furthermore, Lightpath signed a definitive agreement to acquire United Fiber and Data's assets, expanding its high-fiber count network between New York City and Ashburn, VA. This acquisition enhances Lightpath's infrastructure, providing diverse, high-capacity connectivity solutions to enterprises and data centers in the region.

Altice USA's commitment to innovation, customer satisfaction, and community support remains unwavering, driving its mission to connect people to the things that matter most. Learn more about Altice USA's latest projects, financial performance, and future plans on their official website.

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Optimum has launched Entertainment TV, a new internet TV package exclusively available on Optimum Stream. Priced at $30/month, it offers 80+ top-rated channels including A&E, AMC, Comedy Central, and more. The service is expanding to nearly 1.5 million more homes across Optimum's West footprint, covering Arkansas, Arizona, Louisiana, North Carolina, and Texas.

Entertainment TV is designed to provide a low-cost, high-quality entertainment solution for customers seeking a relaxed viewing experience. It includes access to live TV, On Demand content, and Optimum's News 12 service. This launch is part of Optimum's strategy to enhance its TV offerings and provide customers with flexible, innovative packages tailored to their viewing habits.

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Altice USA (NYSE: ATUS) will host a conference call on Thursday, August 1, 2024, at 8:30 a.m. ET to discuss its financial and operating results for Q2 2024, which ended on June 30, 2024. A press release with these results will be released earlier that day at 7:00 a.m. ET. The call will be led by Dennis Mathew, Chairman and CEO, and Marc Sirota, CFO. Dial-in numbers for the call are 877-404-9653 (US) and +1 201-689-8856 (International). Additionally, a live webcast of the call will be available on the company's investor relations website.

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MiCTA, a national non-profit group purchasing organization, has named Lightpath an approved vendor for connectivity services, including Internet, Ethernet, Wavelengths, Dark Fiber, Private Networks, Voice, and managed services. This selection allows MiCTA members to purchase these services at a discount through a Master Service Agreement. Lightpath was chosen through a competitive screening process, noted for its quality service in education, government, and healthcare sectors. The agreement offers significant cost savings to MiCTA members and eliminates the need for individual RFPs, benefiting public sector and non-profit organizations.

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Lightpath has signed a definitive agreement to acquire most of United Fiber and Data (UFD) assets. This acquisition includes a 323-route mile, high-fiber count network between New York City and Ashburn, VA, and a 79-route mile metro network in NYC and New Jersey. The deal, subject to regulatory approvals, is expected to close in Q3 2024. The acquisition will expand Lightpath's serviceable market in Manhattan by over 20%, connecting to 1,500 enterprise and data center destinations. The combined network will enhance high-capacity services and geographic diversity, benefiting Lightpath's enterprise, hyperscale, and wholesale customers. UFD customers will gain access to Lightpath's entire network and services.

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Today, a4 Media, Altice USA's advanced advertising and data business, rebranded to Optimum Media to unify with the Optimum connectivity brand. The move aims to elevate brand awareness, accelerate partnership opportunities, and offer more value and innovation to clients. Optimum Media provides data-driven multiscreen advertising solutions across the U.S., including in the 21 states where Optimum serves approximately 4.7 million customers. The company specializes in audience reach through data-backed solutions, maximizing ROI for clients. News 12, a leading news source in the New York tri-state area, is also represented by Optimum Media.

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Altice USA reports financial improvements in the first quarter of 2024, focusing on customer profitability, revenue growth, and operational enhancements. The company highlights positive trends in customer ARPU, revenue, and free cash flow. Despite a slight decrease in total revenue, Altice USA remains optimistic about sustainable long-term growth.

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Optimum Fiber, provided by Optimum, has been recognized by Ookla Speedtest as the fastest and most reliable internet service in New York and New Jersey. The network offers up to 8 Gig symmetrical upload and download speeds, low latency, best gaming experience, and fastest internet in Litchfield County, Connecticut. Optimum's 100% Fiber Internet network has 99.9% reliability and is expanding to over 2.7 million passings, with multi-gigabit speeds available in the New York tri-state area.
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Lightpath has launched LP DDoS Shield, a next-generation network safeguard against DDoS attacks, utilizing advanced technology from Radware. The solution offers enhanced protection, automated defense, complete visibility, and real-time attack identification to provide secure, reliable connectivity for customers.
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Altice USA (ATUS) will host a conference call on May 2, 2024, to discuss Q1 2024 financial and operating results. The call will be led by Dennis Mathew, Chairman and CEO, and Marc Sirota, CFO. Participants can access the call via dial-in or live webcast.
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Optimum, a brand of Altice USA (NYSE: ATUS), unveils a new brand platform and marketing campaign emphasizing its ability to offer customers the reach and resources of a national provider with the personalized care of a small business. The campaign, 'Where local is big time,' showcases Optimum's commitment to delivering advanced connectivity solutions tailored to local communities.
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FAQ

What services does Altice USA offer?

Altice USA provides high-speed broadband, digital TV, and phone services through its Optimum and Suddenlink brands, along with mobile services, news media, advanced advertising, and business solutions.

What are the main brands under Altice USA?

The main brands include Optimum, Suddenlink, Altice Mobile, Altice WiFi, Cheddar, News 12, i24News, and a4 Advertising.

Who are the primary customers of Altice USA?

Altice USA serves millions of residential customers, businesses, schools, hospitals, and communities across the U.S.

What recent innovations has Altice USA introduced?

Lightpath, a subsidiary of Altice USA, recently launched LP DDoS Shield to enhance network security against DDoS attacks, using advanced detection and mitigation technologies.

What significant acquisitions has Altice USA made?

Altice USA acquired Suddenlink in 2015 and Cablevision in 2016, expanding its service coverage to over 9.5 million homes and businesses.

What is the significance of Altice USA's network expansion?

The expansion, including the recent acquisition of United Fiber and Data's assets, enhances Altice USA's fiber network, providing high-capacity, diverse connectivity solutions in key regions.

When did Altice USA become a publicly traded company?

Altice USA was spun off from Altice Europe and became an independent, publicly traded entity in 2018.

How does Altice USA support local communities?

Altice USA supports communities by providing access to advanced technology, promoting digital wellness, and fostering the next generation of innovators through various initiatives.

What media outlets does Altice USA own?

Altice USA owns Cheddar, News 12 Networks, and i24News, offering diverse news coverage and innovative content delivery.

Where can I find more information about Altice USA?

Visit Altice USA's official website for more information about their services, latest projects, financial performance, and future plans.

Altice USA, Inc.

NYSE:ATUS

ATUS Rankings

ATUS Stock Data

818.73M
275.74M
19.13%
89.62%
5.29%
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