News Formal

Altice USA Loses 68,000 Video Subscribers as Quarterly Earnings Fall

  • 📰 THR
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The cable operator, led by Dennis Mathew as CEO, shrunk its video losses from a year-earlier loss of 85,000 customers.

Altice USA offers Internet broadband, video and mobile phone services to around 5 million residential and business customers across 21 U.S. states through its Optimum brand. The company also owns national, international and business news operations through its News 12, Cheddar News and i24NEWS networks.

“I am pleased with the progress we are making as we act with discipline and focus to execute on our mission for Optimum to be the connectivity provider of choice across all the communities we serve.

Cable TV companies like Altice USA face stepped-up cord-cutting as TV viewers increasingly opt for streaming services like Netflix.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto market loses $486M in July, most since 2022: ReportAccording to a report from De.Fi, there were $486 million in outflows for the cryptocurrency market in July, the most since 2022. The report comes on the heels of several high-profile hacks and exploits in the month of July and a flurry of legislative activity surrounding the nature of cryptocurrency and digital assets.
Source: Cointelegraph - 🏆 562. / 51 Read more »