Altice USA adds 70,400 broadband subscriptions in Second Quarter 2020

Altice USA reported that total unique residential customer relationships grew +1.8% year over year during its second quarter 2020. That number drops to growth of 1.4% when adjusted to exclude customers greater than 90 days delinquent due to the Covid-19 pandemic. Altice reported its best-ever residential broadband net additions of 70,400 in Q2 2020 compared to 13,000 in Q2 2019. When adjusted for customers who signed up as part of the company’s pandemic-related free offers, residential broadband net additions would have been 52,600 in the quarter, which still represents the best-ever quarterly broadband performance for Altice USA.