Altice's Broadband net losses were -31k in Q3 2023

Altice USA reported results for the third quarter ended September 30, 2023. Broadband net losses were -31k in Q3 2023, compared to -43k in Q3 2022, representing a 13k improvement in broadband net add performance trends. Fiber (FTTH) customer net additions were +45k in Q3 2023, the company's best quarter for fiber net adds. Fiber broadband net adds were driven by both higher fiber gross additions and increased migrations of existing customers. Total fiber broadband customers reached 295k as of the end of Q3 2023. Optimum Mobile saw the third straight quarter of growth, adding +24k mobile net additions in Q3 2023 (+30k net additions excluding customers receiving free service), reaching 6.3% penetration of the company's total broadband customer base, up from 5.1% penetration in Q3-22.