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Broadband

Altice USA accelerates revenue growth in Q3

Friday 11 November 2016 | 09:38 CET | News
Altice reported an acceleration in growth at its US activities in the third quarter. The company said Optimum had the highest revenue growth since 2014, at 2.7 percent year-on-year to USD 1.61 billion, and Suddenlink improved to 6.7 percent annual revenue growth, for total sales of USD 646 million. Both showed strong margin improvement as well, up 8.2 percent points at Optimum and plus 5.4 points at Suddenlink. Adjusted EBITDA rose 33.1 percent to USD 576 million at Optimum and was up 20.8 percent to USD 300 million at Suddenlink.

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Categories: Fixed
Companies: Altice Europe / Optimum / Suddenlink
Countries: United States
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