Residential mobile sees 50% YoY growth, Altice anticipates more activity in the second half of 2024
Altice USA made progress across a number of its metrics during the second quarter of 2024, although it still reported decreased revenues compared to the same time last year....
Altice USA saw improved metrics across its broadband, fiber and mobile customers, with its mobile customer base growing at a rate of five times faster than it did during 2022's third quarter, CEO and Chairman Dennis Mathew told analysts on the company's quarterly call....
Altice reported its 'best ever' fiber net additions in Q1 2023, said company CEO
Altice USA ended the first quarter of 2023 with a total revenue of $2.29 billion, which represents a 5.3% year-over-year (YoY) decline. Further, the company noted a 2.8% decline in total...
Dennis Mathew is the new CEO of Altice USA, one of the nation’s largest cable television companies. The good news is he comes from Comcast, the nation’s largest and most successful cable TV giant. So, the hope is, the lessons he learned there over...
As Altice USA's new CEO takes over, the company faces pressure from other fiber network operators and new Fixed Wireless Access services, the possibility of a sale of some assets and a continuing focus on selling high-speed fiber broadband services.
New CEO Dennis Mathew,...
Why is the third largest cable TV company, Altice USA, changing the brand name of their wireless service from Altice Mobile to Optimum Mobile? Is it to stay in-sync with Xfinity Mobile and Spectrum Mobile? If so, why didn’t they start with that...
Altice USA has agreed to acquire North Carolina-based Morris Broadband, which serves about 36,500 customers in the western part of the state. The transaction values Morris at $310 million.
Altice already operates its Suddenlink business in North Carolina and this will expand the company's...
Over the last year, it looks like everything has flip-flopped, at least temporarily. Thanks to COVID-19, carriers who were expanding beyond their traditional core, who looked like their growth was unlimited, today are being impacted by some of their new acquisitions and are struggling...
Brian Roberts, Comcast CEO, sees wireless as a growth path with their Xfinity Mobile. He spoke at Goldman Sachs Investment Conference last week. I have been following wireless as an analyst for decades. I have been following the cable TV entry into wireless since...
Hi again from Davidson, where the COVID-adjusted “new normal” isn’t keeping folks from life. Activity is up from summers past, partially due to an influx of Empire and Garden State escapees. We welcome them with a big “Hi y’all.”
This week, our market commentary will...
A warm North Carolina welcome to the dog days of summer. The picture is of our pooch Abby serving as boat sentinel on a recent float trip. Summertime in the South – there’s nothing like it.
After reviewing this week’s market activity, we will discuss...
Altice USA says it remains confident in its core cable business, especially broadband
Altice USA reported a rise in broadband demand across its network, leading to its best-ever residential broadband adds. Although the company withdrew most financial guidance, it reiterated its commitment to $1.7 billion in...
Business distancing is like social distancing but has to do with the way we do business. This term has not been used much yet but will be going forward as we increasingly discuss the way COVID-19 will impact many different business sectors. When we...
Greetings from Lake Norman and Charlotte, North Carolina. It’s been an amazing week, and, as the picture shows, we are using videoconferencing more than ever. Pictured is the first ever Patterson/ Delmege family Zoom conference call we held on Saturday morning. Five states, seventeen...
When this COVID-19 or coronavirus crisis first started, I was asked by CNN and others in the media how home internet would hold up with all the home usage. At that time, I said if your service was good on nights and weekends when...
Dish Network is in-play in the T-Mobile, Sprint merger trial. Dish said they will become the number four wireless competitor, so the deal should be approved. While I love their commitment, spunk and confidence, they have absolutely zero wireless history and experience. So how...
Verizon focused on execution as Sprint/T-Mo merger looms, DISH preps entry and Altice Mobile goes live
Cable companies entering the wireless market via mobile virtual network operator arrangements and the looming mega-merger of Sprint and T-Mobile US, along with implications that deal has for DISH's...
5G technology will more closely tie cable and wireless together than ever before
It has been sometime since cable companies Comcast and Charter announced that they will be expanding into the wireless space. The impending 5G technology has more closely tied cable and wireless together...
Cable provider Altice USA is in "heavy testing" for a mobile service launch that company executives said is on track to happen this summer -- and company CEO Dexter Goei told investors that he isn't particularly worried about 5G fixed wireless access as a...
A few years ago, the cable television competitors like Comcast Xfinity Mobile, Charter Spectrum Mobile and Altice Mobile said they would re-enter the wireless space. The question was, would they be successful and disrupt the wireless industry or just be another player? After two...
Union says merger could cost 28,000 jobs
The U.S. Federal Communications Commission's comment period regarding the proposed Sprint/T-Mobile US merger ended on Aug. 27, and as the clock ticked down opponents of the proposed $146 billion deal outlined their objections. Altice, Dish and the Rural...
Altice, Comcast, Charter all interested in CBRS
In the U.S., the Federal Communications Commission (FCC) is poised to open up the 3.5 GHz Citizens Broadband Radio Service (CBRS) band under a shared access model that prioritizes users based on a three-tier licensure scheme. One of...
T-Mobile US and Sprint have been trying to merge for more years than I can count. There have been issues and roadblocks from the government, regulators and the companies themselves. So, why has it been so difficult for these two to actually get together?...
Craig Cowden, the Senior Vice President of wireless for Charter, explained some of their interesting growth plans at a recent U.S. Senate hearing. I think it’s important for all of us to take a moment and pull the camera back. Let’s think about where...
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