Tag: Altice
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T-Mobile Could Be the Fifth Largest Internet Provider By the End of 2023
It’s been a little more than two years since T-Mobile entered the broadband business with its 5G home internet service, and the wireless carrier has already made an impression. Given its momentum, it could end 2023 as the fifth-largest internet service provider in the U.S. T-Mobile ended the third quarter with 4.2 million subscribers, notching…
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Altice Cable TV Orders Another Round of Layoffs For Cheddar News, Hinting The End May Be Nigh For The YouTube Channel
Cheddar News underwent a round of layoffs recently leaving many to speculate whether the news channel is doomed. The news’ YouTube channel has been struggling to stay afloat in an industry where even major network news channels are experiencing layoffs in the dozens to hundreds due to cost cutting measures. Seasoned anchors Chloe Aiello and…
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Altice The 4th Largest Cable TV Provider Chairman Steps Down Due to an Ongoing Corruption Investigation
The Altice Group is looking at some serious allegations and as a result, the company is shaking up its leadership roles. The decision was made after Co-Founder Armando Pereira spent the weekend in custody due to suspicions of money laundering and fiscal fraud. Altice Portugal is under investigation for corruption alongside 90 other businesses and…
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Altice Launches 4K Streaming Device for Broadband Only Customers
Altice USA announced today the launch of the Optimum Stream and Suddenlink Stream, a 4K streaming device designed for Altice’s broadband-only customers. The device is powered by Android TV, allowing customers to find and subscribe to streaming services through Google Play. The device also includes a remote with Google Assistant. “As more consumers turn to…
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Altice Makes an Offer to Buy Atlantic Broadband
Altice USA Inc. announced that It has made an offer to Cogeco Inc. and Cogeco Communications Inc. to acquire Cogeco, making Altice the owner of Atlantic Broadband. If the offer goes through, Altice would sell he Canadian assets of Cogeco to Rogers Communications, Inc. Atlantic Broadband is currently the 9th largest cable operator in the…
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Altice Lost 35,000 Video Subscribers in Q2 2020
Altice lost 35,000 pay TV subscribers in quarter 2 of 2020, the company reported today. Like other cable providers, Altice pointed to coronavirus as the main driver of subscriber losses. Dexter Goei, Altice USA Chief Executive Officer, said: “I am very proud of the Altice USA team for delivering such an exceptional quarter while navigating…
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Altice Acquires Service Electric Cable of New Jersey to Expand Broadband Network
Altice US is growing its footprint in the broadband world with the purchase of Service Electric Cable of New Jersey. The deal was first announced in February and was completed today in a $150 million buyout deal. Service Electric customers now see this message on their internet provider’s website: Service Electric Broadband Cable has joined…
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HBO Max Announces Distribution Deals with Verizon, Samsung, Xbox & More
AT&T’s Warner Media announced today a new lineup of distribution partners for HBO Max, which will be available May 27. The newly announced distribution partners include Altice USA, Cox Communications, Microsoft, National Cable Television Cooperative (NCTC), Samsung, Sony Interactive Entertainment, and Verizon. “The launch of HBO Max is an important milestone for our company, and…
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Comcast Forecasted to Lose 1.67M Pay TV Subscribers in 2020
With many spending more time at home during the coronavirus pandemic, both streaming services and pay TV services have reported an increase in viewing times. For pay TV operators, the increase could just be a temporary slow down of subscriber losses. With unemployment rates rising and a potential recession on the way, families will be…
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The Free News Service Haystack TV Just Added i24 News, Expanding Its International Coverage
Haystack TV, the free local and world news streaming service, announced the launch of its newest network, i24 News. According to a press release, i24 will cover global and domestic news, including its trademark in-depth international and Middle Eastern news coverage. It will also feature a variety of fast-paced non-partisan national news. i24NEWS is the…