0
Broadband

Altice USA reinstates FY revenue, EBITDA guidance after strong profit growth in Q2

Friday 31 July 2020 | 13:01 CET | News
Altice USA reported higher profit figures in the second quarter despite revenue growth slowing to 1 percent. CEO Dexter Goei said the company delivered best-ever customer additions, with results boosted by organic broadband growth. As a result, Goei said the company will be reinstating its guidance for full year revenue and EBITDA, even despite continuing uncertainty around the coronavirus pandemic.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Altice Mobile / Altice USA
Countries: United States
::: add a comment
This article is part of dossier

Coronavirus


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Altice USA to sell just under half of enterprise unit Lightpath for USD 2.3 bln cash

Published 29 Jul 2020 09:03 CET | United States
Altice USA has agreed to sell just under half of its Lightpath fibre enterprise business to Morgan Stanley Infrastructure ...

Altice Europe sells most of remaining shares in Altice USA

Published 23 Jun 2020 14:41 CET | United States
Altice Europe has sold nearly all its shares in Altice USA. The US operator announced that Altice Europe sold 17.9 million shares ...

Altice USA seeks tech workers for voluntary layoffs

Published 08 May 2020 12:49 CET | United States
Altice USA is offering voluntary layoffs deals that would begin on 12 May to construction and tech workers in New York, in a bid ...

Altice USA reduces capex and withdraws FY revenue guidance

Published 01 May 2020 11:55 CET | United States
Altice USA lifted revenues and reduced losses in a first marked by the coronavirus pandemic, boosted by best-ever residential ...

Altice USA commits USD 10 mln to support Small Business Recovery

Published 24 Apr 2020 09:40 CET | United States
Altice USA created a USD 10 million Community Relief Program aimed at supporting the recovery efforts of small and medium-sized ...

Altice USA extends free student broadband for rest of school year

Published 14 Apr 2020 09:32 CET | United States
Altice USA is extending its free student broadband and WiFi offerings until the end of the 2019 - 2020 school year to help ...

Altice USA introduces Premium Pay Program for customer-interfacing employees

Published 02 Apr 2020 18:17 CET | United States
Altice USA is introducing premium pay for customer-interfacing field service and retail employees. This increased pay programme ...

Altice USA offers free preview of family content to Optimum, Suddenlink Video customers

Published 30 Mar 2020 08:33 CET | United States
Altice USA said it's making more content available to its residential Optimum and Suddenlink video customers by offering access ...

Altice USA aims for faster growth in 2020 after Q4 slowdown in customer numbers

Published 13 Feb 2020 10:34 CET | United States
Altice USA said it aims to accelerate revenue and EBITDA growth at its cable business this year, helped by ongoing upgrades to ...

Altice USA increases TV prices for Optimum customers

Published 12 Feb 2020 14:24 CET | United States
Altice USA has increased cable prices for its Optimum customers from 01 February, according to Consumer Reports. Prices increased ...

Altice USA's News 12 Networks unveils new logo

Published 19 Nov 2019 10:02 CET | United States
Altice USA's News 12 Networks, the main source of local news among adults in the New York Tri-State area, unveils a new visual ...

AT&T to bring Altice USA's i24News to U-Verse, DirecTV

Published 19 Nov 2019 09:30 CET | United States
AT&T said it has inked a multi-year distribution agreement to provide Altice USA's i24News channels to U-Verse and DirecTV ...

Altice USA lowers revenue growth outlook after slow Q3

Published 06 Nov 2019 09:31 CET | United States
Altice USA lowered its target for full-year revenue growth, after a muted third quarter. The cable operator said customer growth ...

Altice USA appoints Grau as CFO

Published 28 Oct 2019 15:45 CET | United States
Altice USA named Michael Grau as CFO, effective immediately. In this role, he is responsible for all financial and accounting ...

Altice USA opens new Optimum Experience Center in Bethpage

Published 14 Oct 2019 10:13 CET | United States
Altice USA opened a new Optimum Experience Center in Bethpage in Nassau County, Long Island that offers a full-service shopping ...

Altice USA taps Cisco's MSX to expand SD-WAN offering

Published 01 Oct 2019 11:29 CET | United States
Altice USA is working with Cisco to expand the scale of its software-defined wide area networking (SD-WAN) service offerings to ...

Altice USA buys back more shares from shareholders BCP, CPPIB

Published 11 Sep 2019 09:01 CET | United States
Altice USA said that shareholders BC Partners (BCP) and Canada Pension Plan Investment Board (CPPIB) have sold more shares in the ...

Altice USA settles Dolan family lawsuit following News 12 layoffs

Published 06 Sep 2019 09:25 CET | United States
Altice USA has settled a lawsuit brought by the Dolan family, owners of the former Cablevision Systems, against the operator's ...

Altice USA launches unlimited mobile plan at USD 20 for cable customers

Published 05 Sep 2019 17:46 CET | United States
Cable operator Altice USA has launched its Altice Mobile service, starting at the low price of USD 20 per month for customers of ...

Verizon Fios partners with Altice USA for local news, content

Published 05 Sep 2019 10:23 CET | United States
Verizon entered into a partnership with Altice USA to bring more local, national, international and business news to its Fios ...

Altice USA raises FY revenue forecast after 3.7% growth in Q2

Published 31 Jul 2019 22:39 CET | United States
Cable operator Altice USA has raised its guidance for the full-year after a strong second quarter and announced plans to buy back ...

CBS, Altice USA reach new content carriage agreement

Published 30 Jul 2019 11:31 CET | United States
CBS and Altice USA entered into a multi-year content carriage agreement. The new deal covers retransmission consent for CBS-owned ...

Altice News names Bowen chief revenue officer

Published 24 Jul 2019 17:18 CET | United States
Altice News appointed Keith Bowen as chief revenue officer, effective immediately. Bowen will report to Altice News president Jon ...