Buy Altice USA
Amount
Latest price
$2.39
(£1.00 = $1.295)
Number of shares (est.)
0
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Metrics
Market Cap
$1.135B
P/E ratio
-10.95
EPS
-$0.224
Beta
1.71
Dividend rate
N/A
Dividend yield
N/A
About
Altice USA, Inc. is a broadband communications and video services provider in the United States, delivering broadband, video, mobile, proprietary content and advertising services to residential and business customers across 21 states through its Optimum brand. The Company operates Optimum Media, an advanced advertising and data business, which provides audience-based, multiscreen advertising solutions to local, regional and national businesses and advertising clients. It also provides enterprise-grade fiber connectivity, bandwidth and managed services to enterprise and hyperscaler customers and provides advertising time and services to advertisers. In addition, it offers various news programming through traditional linear and digital platforms to consumers across its footprint. It offers a variety of video services through Optimum TV, which includes delivery of broadcast stations and cable networks, over the top (OTT) services such as Netflix, Amazon Prime, YouTube and others.
CEO
Mr. Dennis Mathew
Employees
10,900
Sector
Telco
Company HQ
LONG ISLAND CITY, United States of America
Website
News
Altice USA: Fiber Broadband Boom Could Push The Stock Price Up
Altice USA reported a 57% increase in FTTH customer relationships in 2024, potentially accelerating future revenue and free cash flow growth. The company launched new video offerings and mobile device protections, which are expected to enhance future free cash flow. The Fiber To The Home market is projected to grow at a 12.6% CAGR, benefiting ATUS's business growth.
Lightpath Acquires WANRack's Phoenix Business
Acquisition Accelerates Lightpath's Entrance into the Phoenix Market with 133 Route Miles of Operating Network and In Place Construction Capabilities NEW YORK , March 4, 2025 /PRNewswire/ -- Lightpath , an all fiber, infrastructure based connectivity provider revolutionizing how organizations connect to their digital destinations, announced the company has completed the acquisition of WANRack's network assets and customers in the Phoenix metropolitan market. This acquisition adds 133 route miles of fiber, including diverse paths between the Goodyear data center ecosystem and metro Phoenix carrier hotel facilities, accelerating Lightpath's service readiness and expansion in the region.
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