Tag: Altice USA
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Altice’s Optimum Lost 267,000 Cable TV and 114,000 Internet Customers in 2023
Cable and internet provider Optimum continues to bleed customers at an alarming rate even as it lost money. The company reported fourth-quarter results that showed subscribers were dropping cable TV, broadband, and phone services. For the fourth-quarter, it lost 27,000 internet subscribers, 62,200 cable TV subscribers, and 57,400 phone subscribers. For the year, those totals…
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The TV Network Cheddar News is Up For Sale
Altice USA is reportedly in talks to sell Cheddar News to Regent LP, a private equity firm based in Los Angeles. While Altice USA and Regent LP have not disclosed any details, people familiar with the matter said the companies have discussed a potential “earn out” deal, according to CNBC. This agreement means Altice USA…