Goei Dexter, Optimum communications director, sells $1.32m in stock
Goei Dexter, Optimum Communications' director, sold 695,195 shares of Class A Common Stock for $1.32 million on November 26, 2025. This transaction, at a weighted average price of $1.9046, occurred while the stock traded 40% below its 52-week high, with the company facing significant debt and cash burn despite being deemed slightly undervalued by InvestingPro. Other recent news for Optimum Communications and its parent company, Altice USA, includes a $2 billion refinancing, mixed analyst ratings, and Altice France's consideration of selling its SFR Business unit.
Optimum Communications claims its creditors control leveraged finance market in antitrust attack on cooperation agreement – Legal Analysis
Optimum Communications has filed an antitrust lawsuit against a group of its lenders, including Apollo, Ares, and Blackrock, alleging they formed a cartel by entering a cooperation agreement. Optimum claims these lenders, who control a significant portion of the leveraged finance market, are boycotting essential financial services, thereby impairing its ability to manage debt and potentially forcing it into bankruptcy. The company argues this constitutes a per se illegal concerted refusal to deal and price-fixing under federal antitrust laws, seeking treble damages.
Lightpath Expands AI-Grade Network Footprint in Greater Columbus
Lightpath has announced a significant expansion of its AI-grade network in Greater Columbus, Ohio, adding approximately 150 route miles of high-density fiber to support hyperscale data center and AI investments. This expansion, which more than doubles Lightpath's fiber footprint in the region, reinforces the company's commitment to delivering advanced network infrastructure for AI-driven workloads. Construction is underway, with completion expected between late 2026 and mid-2027, further solidifying Lightpath's presence in major U.S. markets.
Altice USA (NYSE: ATUS) changes name to Optimum Communications; OPTU ticker Nov 19, 2025
Altice USA is changing its corporate name to Optimum Communications, Inc., effective November 7, 2025. The company will also change its NYSE ticker symbol from "ATUS" to "OPTU" starting November 19, 2025. This rebranding reflects the company's transformation and commitment to a unified brand identity under Optimum, emphasizing simplicity, performance, and purpose.
Optimum Communications (ATUS): Examining Valuation as Share Price Stabilizes After Steep Declines
Optimum Communications (NYSE: ATUS) shares have stabilized recently after significant declines, with the company trading over 35% below intrinsic value estimates. Despite a challenging past with substantial negative shareholder returns, analysts believe bundling strategies could drive future profitability, pegging a fair value at $2.72. However, competitive and macroeconomic factors could still hinder this optimistic outlook.
Altice Is Running Out of Time to Show Improved Operating Performance
Altice USA is facing significant challenges in retaining customers due to intense competition and a different business approach than other cable operators, leading to poor operating performance. While a new management team is slowly improving results, the company's substantial debt requires much faster progress. Analyst Michael Hodel has halved the fair value of Altice USA to $2, emphasizing the crucial need for improved operating metrics.
Altice USA targets $100M revenue growth in 2025 through new pricing and product strategies
Altice USA is projecting a minimum of $100 million in incremental residential revenue growth for 2025 by implementing new pricing and product strategies. CEO Dennis Mathew outlined plans to enhance existing offerings, including mobile and fiber, and introduce higher-value services to drive this growth. The company aims to improve market share and stabilize broadband revenue after a period of customer losses.
Have Altice USA Insiders Been Selling Stock?
A recent insider transaction at Altice USA saw Director Patrick Drahi sell US$39m worth of shares at US$24.50, significantly reducing his holding. While the sale price was well above current market value, no insider buying has occurred recently. Despite high insider ownership of 47%, the history of share sales suggests a cautious outlook for investors.
Altice USA director Patrick Drahi sells $19.7 million in stock
Altice USA director Patrick Drahi sold 805,230 shares of Class A common stock for approximately $19.7 million on December 17, with sale prices ranging from $23.3164 to $25.6836 per share. Following the transaction, Drahi's direct holdings in Altice USA (NYSE:ATUS) decreased to 9,872,802 shares. The stock is currently trading at $2.50 with a market capitalization of $1.16 billion, and analysts from Citi and TD Cowen maintain Buy ratings on the company, highlighting operational improvements and strategic growth in fiber and mobile services.
Altice USA's Patrick Drahi sells shares for $19.7 million
Patrick Drahi, a director and significant shareholder of Altice USA (NYSE:ATUS), recently sold 805,230 shares of the company's Class A common stock for approximately $19.7 million. Despite the sale, Drahi retains a substantial holding of 7,457,112 shares. The company shows strong financial health with $9.02 billion in revenue and a 67.6% gross profit margin over the last twelve months, alongside positive analyst ratings and strategic executive decisions.
Is It Too Late To Consider Buying Altice USA, Inc. (NYSE:ATUS)?
Altice USA, Inc. (NYSE:ATUS) appears to be fairly priced, trading slightly above its intrinsic value despite a substantial price increase recently. Analysts consider it well-covered, suggesting that recent outlook changes are already factored into the stock. The company shows bright growth prospects with an expected 94% profit increase over the next couple of years, which should contribute to a higher share valuation, though potential investors should also consider its financial strength and two identified warning signs.
Altice USA Inc. Class A (ATUS) reports earnings
Altice USA Inc. (ATUS) reported a decrease in total revenue for 2024 to $8.95 billion, down from $9.24 billion in 2023, primarily due to a reduction in broadband and video customers. The company experienced a net loss of $102.9 million, compared to a net income of $53.2 million the previous year, though free cash flow increased due to lower capital expenditures. Total debt stood at $25.06 billion as of December 31, 2024.
Altice USA : Optimum Fiber Network Expansion Powers Emergency and Government Services with Additional $4.4M Investment into the City of Tyler - MarketScreener
Optimum, a division of Altice USA, is investing an additional $4.4 million into the City of Tyler, Texas, to upgrade its emergency and government services' infrastructure with a robust fiber optic network. This investment is part of a 15-year partnership, bringing the total investment to $9 million over two years, and aims to provide highly reliable connectivity for police, fire departments, government buildings, hospitals, and businesses. The fiber expansion will deliver speeds up to 1 gigabit, enhance reliability with redundant paths, and support future technological advancements and community initiatives.
Head to Head Review: AAP (OTCMKTS:AAPJ) and Altice USA (NYSE:ATUS)
This article provides a head-to-head comparison between AAP (OTCMKTS:AAPJ) and Altice USA (NYSE:ATUS), evaluating them across several financial metrics including analyst recommendations, risk and volatility, profitability, valuation, earnings, and insider/institutional ownership. The analysis concludes that Altice USA outperforms AAP in most comparable factors. It also offers brief company profiles for both AAP and Altice USA.
Cable Giant Altice USA Announces Q3 2025 Earnings Call Date - What to Expect from CEO Dennis Mathew
Altice USA will host a conference call on November 6, 2025, to discuss its financial and operating results for the third quarter ended September 30, 2025. The call will feature CEO Dennis Mathew and CFO Marc Sirota, and presentation materials will be available on the company's Investor Relations website before the call. Altice USA is a major broadband, video, and mobile service provider in the U.S., serving approximately 4.5 million customers.
ALTICE USA INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Altice USA, Inc. - ATUS
Kahn Swick & Foti, LLC (KSF), a law firm whose partners include former Louisiana Attorney General Charles C. Foti, Jr., has initiated an investigation into Altice USA, Inc. (NYSE: ATUS). The investigation focuses on whether Altice's officers and/or directors breached their fiduciary duties or violated state or federal laws. Shareholders of Altice are urged to contact KSF to discuss their legal rights.
ALTICE USA INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Altice USA, Inc. - ATUS
Kahn Swick & Foti, LLC (KSF), a law firm whose partners include former Louisiana Attorney General Charles C. Foti, Jr., has initiated an investigation into Altice USA, Inc. (NYSE: ATUS). KSF is examining whether Altice's officers and/or directors breached their fiduciary duties or violated state or federal laws. The firm urges Altice shareholders to contact them to discuss their legal rights.
Altice USA shareholders approve board and executive pay
Altice USA shareholders approved the election of all nine director nominees for one-year terms and ratified KPMG LLP as the company’s independent registered public accounting firm for 2025. They also approved the compensation of named executive officers on an advisory basis and the frequency of future votes on executive pay, which will occur every three years. The company is facing operational challenges, including substantial debt, but analysts expect it to return to profitability this year.
Altice USA to Present at the 2025 New Street Research and BCG Future of Connectivity Leaders Conference
Altice USA announced that Chairman and CEO Dennis Mathew will present at the New Street Research and BCG Future of Connectivity Leaders Conference on March 26, 2025. The presentation will be available via a live webcast on the Altice USA investor relations website. This release also provides contact information for investor and media relations.
Altice USA sees significant stock sales by Next Alt S.A.R.L. totaling $19.7 million
Next Alt S.a.r.l., a major shareholder and director in Altice USA (NYSE: ATUS), sold 805,227 shares of Class A common stock for approximately $19.7 million on November 22, 2024. Despite these insider sales, Altice USA has shown a 40.76% price total return over the past three months, although it has not been profitable in the last twelve months. Analysts anticipate the company will return to profitability this year, coinciding with strategic developments like increased mobile and fiber subscriber additions.
Altice USA shares sold by Patrick Drahi's Next Alt for $19.7m
Patrick Drahi's personal holding company, Next Alt S.a.r.l., sold 805,227 shares of Altice USA (NYSE:ATUS) Class A common stock for approximately $19.7 million on October 28. Following this transaction, Next Alt's ownership decreased, though Drahi still maintains a substantial stake. The sale was part of a strategy involving the expiration of existing capped call transactions.
Altice USA Rebrands a4 Ad Unit as Optimum Media
Altice USA has rebranded its advanced advertising and data unit, a4, as Optimum Media. This change aligns the ad unit's branding with Altice's existing Optimum services for pay TV, broadband, and mobile. Optimum Media aims to leverage the Optimum brand to enhance awareness, foster new partnerships, and deliver increased value to clients through its data-driven multiscreen advertising campaigns.
Settlement checks in the mail for Freedom Financial, Ford, Optimum, others
This article reports on several class action settlements where checks are being mailed to eligible consumers. Payments are being distributed from settlements involving Freedom Financial for robocalls, Woopla for virtual currency gambling, Ford for antitrust violations, Optimum/Suddenlink for hidden fees, Smile Brands for a data breach, and 20/20 Eye Care for another data breach. Readers have reported receiving payments ranging from $16.25 to $3,600 from these various settlements.
Optimum Unveils New Brand Platform and Marketing Campaign with Focus on its Local Communities and Customers
Optimum, a brand of Altice USA (NYSE: ATUS), has launched a new brand platform and marketing campaign, "Where local is big time," emphasizing its commitment to providing national-level connectivity with localized care. This initiative highlights the company's recent investments in strengthening customer experience, enhancing local presence, and upgrading its broadband networks across its 21-state footprint. The campaign will roll out across multiple media channels, featuring ads that showcase Optimum's role in connecting communities.
Altice USA Inc - Class A Shares Fall 4.1% Below Previous 52-Week Low - Market Mover
Altice USA Inc - Class A (ATUS) shares closed 4.1% lower than their previous 52-week low, resulting in a market capitalization of $1 billion. The stock has experienced significant declines year-to-date, over the past 12 months, and over the past five years. Technical indicators suggest the stock may be oversold and indicate a downward trend.
Altice USA stock rises after earnings despite company swinging to a loss
Altice USA Inc. shares increased in after-hours trading despite the company reporting a fourth-quarter net loss of $193 million, or 43 cents per share. This contrasts with a net income of $252 million, or 56 cents per share, in the same quarter of the previous year. Analysts had anticipated GAAP earnings of 21 cents.
Altice USA stock rises after earnings despite company swinging to a loss
Altice USA stock increased in after-hours trading despite the company reporting a net loss of $193 million in its fourth quarter, compared to a net income in the prior-year quarter. The telecommunications company, which operates the Optimum brand, still saw its shares rise, with the pace of subscriber declines improving.
10 of the Cheapest Stocks of 2022
A bear market in 2022 has led to a significant portion of US-listed stocks becoming undervalued, with Morningstar analysts identifying 50% of the stocks they cover as undervalued by mid-December. This article highlights several of the most undervalued stocks, including those with economic moats, as determined by Morningstar's fair value estimates. It details four specific companies—I-Mab, Altice USA, Lyft, and Farfetch—providing analyst commentary on their discount to fair value and economic moat ratings.
With 58% ownership, Altice USA, Inc. (NYSE:ATUS) boasts of strong institutional backing
Altice USA, Inc. (NYSE:ATUS) has significant institutional backing, with institutions owning 58% of the company's shares. This high level of institutional ownership often indicates confidence in the company's future, though it doesn't guarantee against share price drops. Insiders also hold a meaningful stake, while the general public has a 12% ownership share.
Altice USA Appoints Dennis Mathew Chief Executive Officer; Names Dexter Goei Executive Chairman of the Board
Altice USA has appointed Dennis Mathew as its new Chief Executive Officer, effective October 3, 2022. The current CEO, Dexter Goei, will transition to Executive Chairman of the Board of Directors on the same date. This leadership change comes as Goei plans to return to Europe, and Mathew, formerly of Comcast, is expected to lead Altice USA into its next phase of growth focusing on fiber infrastructure and customer experience.
The 10 Best Small-Cap Stocks to Buy Today
This article identifies 10 undervalued small-cap stocks with economic moats that Morningstar analysts recommend for long-term investors as of May 2022. It discusses why small-cap stocks are a good investment now, given their higher undervaluation compared to large-cap stocks. Each listed company includes key Morningstar metrics and a brief explanation for its recommendation.
Altice USA, Inc. (ATUS) Q4 2021 Earnings Call Transcript
Altice USA (ATUS) reported its Q4 and full-year 2021 earnings, highlighting a 2% revenue growth for the full year and a strategic shift towards accelerated fiber broadband deployment across its Optimum and Suddenlink footprints. The company plans to reach 6.5 million FTTH passings by the end of 2025, emphasizing improved customer experience and long-term value, despite anticipating higher capital expenditure in the near term. Management also discussed increased investment in mobile convergence, sales distribution, and a rebranding of Suddenlink to Optimum.
Altice USA (ATUS) Names Susan Schnabel to Board
Altice USA (NYSE: ATUS) appointed Susan C. Schnabel to its Board of Directors, effective June 30, 2021. Ms. Schnabel will also serve on the Audit Committee and Compensation Committee. As part of her compensation, she will receive an annual cash retainer, additional retainers for committee roles, and an option award to purchase 8,333 shares of Class A common stock.
Rural will rev Altice USA's broadband growth – analyst
A new analysis from MoffettNathanson suggests that Altice USA's broadband growth will be significantly boosted by its underappreciated rural Suddenlink markets, despite potential losses in its more competitive Optimum footprint. This perspective challenges the view that Altice USA is broadband growth-constrained and suggests the company is a compelling long-term investment. The analysis predicts that gains in Suddenlink areas will more than offset any broadband losses in Optimum markets, making rural expansion a key driver for Altice USA's future.
Altice USA Announces Closing of Sale of 49.99% of Lightpath Fiber Enterprise Business to Morgan Stanley Infrastructure Partners
Altice USA announced the closing of the sale of 49.99% of its Lightpath fiber enterprise business to Morgan Stanley Infrastructure Partners for an implied enterprise value of $3.2 billion. Altice USA will retain a 50.01% interest and control of Lightpath, which provides fiber-based bandwidth technology in the greater New York Metropolitan region. This partnership aims to support growth initiatives, improve operational performance, and provide strategic and financial flexibility for Lightpath.
Stock Alert: Altice USA Shares Reach 52-Week High
Altice USA Inc. (ATUS) shares hit a new 52-week high of $35.25, trading up 9.11% on Monday, following the announcement of a "Dutch auction" tender offer. The company plans to repurchase up to $2.5 billion of its Class A common stock at a price range of $32.25 to $36.00 per share. This offer represents a premium of 0% to 12% over the stock's closing price on November 20, 2020.
ALTICE USA, INC. PRESENTS REVISED AND ENHANCED OFFER TO ACQUIRE COGECO IN ORDER TO OWN ATLANTIC BROADBAND
Altice USA has presented a revised and enhanced all-cash offer to acquire Cogeco for C$11.1 billion, aiming to own Atlantic Broadband while Rogers Communications would acquire Cogeco's Canadian assets. The offer includes significant premiums to Cogeco's subordinate voting shareholders and a substantial payment to the Audet family, who control Cogeco. The proposal is contingent on reaching a mutually satisfactory agreement by November 18, 2020.
Cogeco CEO eyes takeover opportunities in U.S. amid hostile bid from Rogers, Altice
Cogeco's CEO, Philippe Jetté, is looking for acquisition opportunities in the "highly fragmented" U.S. broadband market and hopes to make additional billion-dollar purchases, despite a hostile takeover bid from Rogers Communications and Altice USA. The company also plans to invest $1-billion to expand its Canadian networks and is in talks with Canadian regulators about entering the mobile market. Jetté emphasized focusing on Cogeco's growth strategy for all stakeholders amidst ongoing takeover attempts.
Cogeco owner rebuffs Rogers-backed takeover offer again: 'Our shares are not for sale'
Louis Audet, chairman and largest shareholder of Cogeco Inc. and Cogeco Communications Inc., has again rejected a $10.3-billion takeover bid by Altice USA Inc., which included a side deal for Rogers Communications Inc. to acquire Cogeco's Canadian assets. Audet firmly stated that his family's shares are not for sale and that this is not a negotiating tactic. Quebec Premier François Legault also expressed concerns about the potential move of the Quebec-based company's headquarters to Ontario.
Opinion: Louis Audet doubles down: Cogeco is not for sale, executive chairman says
Louis Audet, executive chairman of Cogeco Inc., has definitively stated that the company is not for sale, rejecting a $10.3-billion takeover bid from Altice USA Inc. and Rogers Communications Inc. Audet emphasized that his family's refusal is not a negotiating tactic and highlighted Cogeco's long-term vision, stewardship, and focus on community and growth, aligning with a shift towards purpose-driven corporations and outperforming family-controlled businesses.
Family that controls Cogeco won't support $10.3B takeover bid that includes side deal with Rogers
The Audet family, which controls Cogeco Inc. and Cogeco Communications Inc., has rejected a $10.3-billion hostile takeover bid from U.S. firm Altice USA Inc. This offer included a side deal for Rogers Communications Inc. to acquire Cogeco's Canadian assets for $4.9 billion. The family, holding significant voting rights, stated they do not intend to sell their shares, making the bid unlikely to succeed.
Altice USA, AirTies connect on 'Smart WiFi' service
Altice USA has chosen AirTies to supply extenders and software for its "Smart WiFi" offering, enhancing whole-home connectivity for its Optimum and Suddenlink customers. This partnership positions AirTies in a competitive market for mesh Wi-Fi solutions, which are seeing increased adoption by service providers seeking to add value to their broadband services. The deployment covers Altice USA's HFC-based and fiber-to-the-premises broadband services, including a free extender with its 1-Gig offering.
Altice USA Names Grau CFO
Altice USA has named Michael Grau as its new chief financial officer, succeeding Charles Stewart who is departing to become CEO of Sotheby's. Grau, who joined Altice USA in 2016, previously held various financial roles at Cablevision Systems for 15 years before its acquisition by Altice. He will now oversee all financial and accounting matters, strategic planning, internal audit, tax, investor relations, and treasury activities, reporting directly to Altice USA CEO Dexter Goei.
Altice partners with Devialet for Alexa speaker that can control your TV box
Altice USA has partnered with French audio brand Devialet to launch its first smart speaker, the Altice Amplify. This Alexa-enabled speaker offers hands-free voice control of the Altice One TV platform in addition to standard smart speaker features. The Altice Amplify will be available later this year, priced at $399 for Altice customers and $499 for non-customers.
Altice USA Nearing Sale of Lightpath Stake – Report
Altice USA is reportedly nearing the sale of a minority stake in Lightpath, its fiber-based business services unit, to Stonepeak Infrastructure Partners. The potential deal could value Lightpath at approximately $3 billion, with Altice USA retaining a majority stake. This move aligns with Altice USA's previous announcements to explore strategic options for Lightpath and mirrors Altice Europe's divestment of fiber assets.
Amazon’s Long Island City HQ will send Altice USA packing
Amazon's planned takeover of Savanna's One Court Square in Long Island City is forcing broadband giant Altice USA to relocate. Altice USA will move from One Court Square to The Paragon, a nearby converted warehouse, filling its entire 130,000 square feet. This move highlights the immediate impact of Amazon's presence on the Long Island City office and residential markets.
Altice USA Exec: We're a 'Challenger Brand'
Hakim Boubazine, Co-President and COO of Altice USA, describes the company as a "challenger brand" that applies this philosophy to its technology strategy. This approach includes evolving its cable network, developing advanced services, and strategic partnerships like its MVNO deal with Sprint.
Committed to Making a Positive Impact
Altice USA outlines its commitment to positive impact through customer service, community involvement, and internal culture. The company focuses on expanding internet access, supporting STEM education, and fostering a collaborative workplace where employees are empowered to drive change. Altice USA also emphasizes its dedication to environmental care and sustainability across its operations.
Switch IPO: Stock soars more than 20% on first day of trading
Switch Inc., a data-center company, saw its stock jump over 20% on its first day of trading, marking the third-largest tech IPO of 2017. The company priced its IPO at $17 a share, exceeding expectations, and closed at $20.84, giving it a market capitalization of about $5.1 billion.
Altice USA Launches Ad Campaign With Soccer Star Cristiano Ronaldo
Altice USA has launched a new ad campaign featuring soccer star Cristiano Ronaldo to promote its broadband and video services in the U.S. The campaign, which includes a commercial showing Ronaldo in his underwear, highlights the importance of internet connectivity. It's running in several states served by Altice's Optimum and Suddenlink brands and was developed by Altice USA's internal agency in collaboration with other firms.
