Altice USA


Altice USA pens deal with factual streamer CuriosityStream

John Hendricks’s factual streamer CuriosityStream is getting wider distribution in the US via broadband operator Altice USA. Under the deal, the platform will be made available to Altice USA’s Optimum and Suddenlink customers, and will also be added to the business’s on-demand platform and mobile apps. Overall, the deal will help CuriosityStream access around 4.9m […]

Altice USA taps Devialet for high-end connected home speaker

Altice USA is to launch a Devialet-powered high-end home speaker that can control the connected home. Altice Amplify,described by the company as an intelligent, high-fidelity home speaker that powers the connected home will feature Devialet’s sound technologies and also includes Amazon Alexa built-in for voice control of smart devices, music playback, and so on. Altice […]

Altice Europe swings back in France as it prepares to sell off Portugese fibre business

Altice Europe has lifted its full-year targets following a successful quarter in its main French market. The company’s French division accounts for more than 70% of Altice Europe’s activity, and grew 4% year-over-year. Internationally the company grew by 3.6% SFR – Altice Europe’s French telco – had recorded losses for the four quarters prior, dipping […]

Altice USA to acquire millennial news streamer Cheddar for US$200m

Altice USA is to acquire millennial-focused digital news company Cheddar for US$200 million. The US arm of Patrick Drahi’s international cable and telecom group said the acquisition would broaden its portfolio of high-quality news businesses. The deal is expected to close in the next two months subject to regulatory approval. Altice USA was one of […]

US pay TV subscriber losses mount

The top 10 US pay TV providers recorded a total net loss of over 358,000 subscribers in the second quarter, with gains for OTT TV options DirecTV Now and Sling TV only partially offsetting losses from their parent companies and the cable operators, according to Informitv’s latest Multiscreen Index. According to the latest edition of […]

Altice shareholders approve separation of US arm

Altice’s shareholders have approved the separation of Altice USA, the company’s US arm, from what will become Altice Europe. The separation of the two parts of Altice will be effected by a special distribution in kind by Altice NV – the part that will become Altice Europe – of its 67.2% interest in Altice USA […]

Cheddar raises US$22m from Liberty Global, Antenna and others

Millennial-focused digital news service, Cheddar, has raised US$22 million in funding, with Liberty Global and Antenna Group coming on board as new investors. The US-based ‘post-cable network’ said it would use the cash to strengthen its balance sheet and to move into “Europe and beyond”. “We own all of our IP and now is the […]

Altice integrates Netflix across its Optimum footprint

Altice USA has integrated Netflix into its new Altice One platform, which is now available across its full Optimum footprint in the US. Altice One is a home connectivity hub that is designed to replace the traditional cable box, modem and router. It provides ultra high definition video, high speed broadband, WiFi and IP phone […]

Drahi takes charge as Altice moves to spin off US operation

Altice is to spin off its US operation and restructure its European and pay TV assets in a major reorganisation that saw its share price rise sharply. Company founder Patrick Drahi will take direct control of both European and US operations. Altice is to separate Altice USA from the parent company by spinning off its […]

Altice to de-lever, promises no new M&A as it seeks to end share slide

Altice has confirmed that it plans to de-lever its balance sheet and bring leverage down in line with or below its targets over time. It said it would not pursue “any new meaningful M&A opportunities” and would dispose of non-core assets, including its transmission tower portfolio. Altice said it had taken action to kick off […]