Altice USA

For this company's predecessor, see Cablevision. For its former parent company in Europe, see, see Altice (company).
Altice USA, Inc.
Company typePublic
NYSE: ATUS
Industry
Predecessors
FoundedJune 21, 2016; 8 years ago (2016-06-21)
Headquarters
One Court Square
Long Island City, New York
,
U.S.
Key people
Products
  • Cable
  • (Internet)
  • (VoIP Phone)
  • (Business)
Brands
ParentAltice (2016–2018)
Websitealticeusa.com

Altice USA, Inc., commonly known as Altice, is an American telecommunications provider with headquarters in New York City, owned by the Franco-Israeli businessman Patrick Drahi. The company delivers pay television, Internet access, telephone services, and original television content to approximately 4.9 million residential and business customers in 21 U.S. states.[1] Altice USA is based at One Court Square in Long Island City, Queens, New York City. The company's operational center is located at Cablevision's former headquarters in Bethpage, Nassau County, New York, on Long Island. With its combined brands, Altice USA is the fourth-largest cable provider in the U.S.,[2] serving customers residing in the New York metropolitan area as well as in several Midwestern and Southern U.S. states.[3]

As a multiple-systems operator, the company operates the Optimum brand.[2] The company also provides international news through the February 2017 U.S. launch of i24NEWS[4] and local news through News 12 Networks. In November 2016, Altice USA announced a five-year plan for fiber-to-the-home service to build a network capable of delivering 10 Gbit/s broadband speed.[5] In August 2017, the company stated it was on track to reach one million homes by the end of 2018.[6] In June 2017, Altice USA raised US$2.2 billion in an initial public stock offering.[7] In April 2022, Altice USA announced that the company would be rebranding its former Suddenlink brand under the Optimum name.[8]

  1. ^ Keslassy, Elsa (2017-06-22). "Cable Operator Altice USA Raises $1.9 Billion in IPO". Variety. Retrieved 2017-09-28.
  2. ^ a b "Altice USA CEO Goei Thinks Ahead to M&A on First Day of Trading". Bloomberg News. 2017-06-21. Retrieved 2017-09-28.
  3. ^ "U.S. FCC approves Altice acquisition of cable firm Suddenlink". Reuters. 2015-12-18. Retrieved 2017-09-28.
  4. ^ "Altice Launching News Network i24 in U.S. in February". The Hollywood Reporter. Retrieved 2017-10-01.
  5. ^ "Altice USA to Skip DOCSIS 3.1, Roll Out All-Fiber Network". NextTV. 30 November 2016. Retrieved 2021-11-06.
  6. ^ "Altice says it will reach 1M new homes with fiber by end of 2018 | FierceCable". www.fiercecable.com. Retrieved 2017-10-02.
  7. ^ "Altice USA IPO raised $2.2 billion in final tally". News Day. June 27, 2017. Retrieved November 2, 2017.
  8. ^ "Let's Reconnect". Altice USA. 2022-04-14. Retrieved 2022-07-08.