Altice USA Reports First Quarter 2024 Results

Altice USA reported results for the first quarter ended March 31, 2024. Highlights include:

• Penetration of the fiber network reached 14.2% at the end of Q1 2024, up from 8.8% at the end of Q1 2023.
• Optimum Mobile line net additions of +29k in Q1 2024, compared to +8k in Q1 2023. 
• Mobile customer penetration of the broadband base was 5.3% at the end of Q1 2024, up from 3.5% at the end of Q1 2023.
• Optimum Fiber Internet network was recognized by Ookla® Speedtest® for delivering New York and New Jersey’s fastest and most reliable internet speeds, and titled lowest latency across New York, New Jersey, and Connecticut.
• Up to 8 Gig symmetrical speeds are available across Optimum East Fiber footprint.
• Fiber passings additions of +45k in Q1 2024, reaching 2.8 million fiber passings, and targeting
  approximately 3 million passings by year end 2024.
• Total passings additions of +51k in Q1 2024, reaching 9.7 million total passings, and will add more than 175k passings in full year 2024.