Cable giant Altice USA has confirmed it has put its telcom Suddenlink assets up for a sale after fielding interest from several buyers. Altice USA CEO Dexter Goei, during an analyst call Wednesday, ...
"The board of directors has unanimously determined that continuing to operate Suddenlink and pursuing the company’s long-term business plan represents the best path forward," the cable giant stated.
While a deal valuing a significant portion, or all of, Suddenlink at 15x EBITDA would be great for shareholders, the valuation appears to be at least 15% too high. Over the last few years, 10-13x ...
Trey Paul was a CNET senior editor covering broadband. His 20+ years of experience as a writer and editor include time at the broadband marketplace Allconnect, as well as working with clients like ...
NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces an acceleration of its fiber deployment strategy over the next four years across its Optimum and Suddenlink footprint, expecting to ...
Shares of Altice USA Inc. were off more than 6% in premarket trading Thursday after the telecommunications company provided an update upon the conclusion of its strategic review into the Suddenlink ...
The cable giant, led by CEO Dexter Goei, has been looking to reduce its debt load. By Georg Szalai, Etan Vlessing Cable giant Altice USA has confirmed it has put its telcom Suddenlink assets up for a ...
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