Altice USA
Altice USA Reports Second Quarter 2024 Results
Altice USA reported results for the second quarter ended June 30, 2024. Fiber customer growth continued in Q2 2024 with 40k fiber net additions, driven by migrations of existing customers and fiber gross additions. Penetration of the fiber network reached 15.3% at the end of Q2 2024, up from 9.4% at the end of Q2 2023. Optimum Mobile line net additions of 33k in Q2 2024, compared to 16k in Q2 2023. Mobile customer penetration of the broadband base was 5.8% at the end of Q2 2024, up from 3.8% at the end of Q2 2023. Broadband net losses were 51k in Q2 2024, compared to 37k in Q2 2023.
Altice USA Reports First Quarter 2024 Results
Altice USA reported results for the first quarter ended March 31, 2024. Highlights include:
In letter to FCC, Altice USA says it will not deploy broadband in some Louisiana Rural Digital Opportunity Fund areas
Altice USA was awarded Rural Digital Opportunity Fund (“RDOF”) funding to deploy 100/20 Mbps service to 18 census block groups (“CBGs”) in Louisiana. Now Altice notifies the Federal Communications Commission of its plans to surrender its awarded RDOF areas in Louisiana. Altice had begun connecting unserved locations in its RDOF areas.
Altice USA Reports Fourth Quarter and Full Year 2023 Results
Altice USA reported results for the fourth quarter and full year ended December 31, 2023. Key operational highlights for the quarter and year included:
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.
Altice USA Reports Second Quarter 2023 Results
Altice USA reported its results for the second quarter ended June 30, 2023. Total Revenue declined 5.6 percent year over year in Q2 2023 to $2.32 billion. Quarterly broadband net losses were 37,000 in Q2 2023, compared to 39,000 broadband net losses in Q2 2022. Quarterly fiber-to-the-home (FTTH) broadband net additions were 40,000 in Q2 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 250,000 as of the end of Q2 2023.
Altice USA Reports First Quarter 2023 Results
Altice USA reports results for the first quarter ended March 31, 2023:
Altice USA Reports Fourth Quarter and Fully Year 2022 Results
Altice USA reports results for the fourth quarter and full year that ended December 31, 2022. Key broadband highlights include the following: