The telecom operator, owned by billionaire Patrick Drahi, rejected a joint non-binding offer to buy a large part of the company from Bouygues, Orange and Free-iliad group. ...

Altice France, the owner telecoms firm SFR, has rejected a bid from three French rivals to buy the operator, Altice CEO Arthur Dreyfuss told staff in a memo on Wednesday, setting back a potential deal... ...

Bouygues Telecom, Free-iliad Group and Orange have submitted a joint non-binding offer to acquire a large part of Altice's telecommunications business in France. ...

Bouygues Telecom , Free-iliad Group and Orange said on Tuesday they had submitted a non-binding offer to acquire a large part of Altice's activities in France for a total enterprise value of 17 billio... ...

SAN JOSE, Calif., Sept. 30, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose innovations shape the way the world explores and experiences entertainment, announced it has signed a long-term intellectual property (IP) license agreement with Altice USA, offering products and services nationwide as Optimum (“Optimum”), one of the largest broadband and video service providers in the United States. This agreement supports Optimum’s services, including internet services, as well as cable tele ...

Core Viewpoint - Altice USA is attempting to restart negotiations with creditors to address its substantial debt of $26 billion, which has contributed to an 11% increase in its stock price [2] Company Summary - Altice USA has switched advisors in its efforts to manage its debt situation [2]

Core Perspective - The company aims to be the connectivity provider of choice in every community it serves, focusing on transformation and stability over the next 3 to 5 years [1]. Group 1: Vision and Strategy - The company has undergone significant transformation in the last 2.5 years, emphasizing cultural improvement and leadership development [1]. - Over 150 new Vice Presidents and above have been brought in to stabilize the company and enhance its operations [1]. Group 2: Operational Challenges - The company faced frequent outages that frustrated both customers and employees, indicating a need for substantial operational improvements [2]. - Efforts have been made to improve the functionality of products, networks, and tools to enhance overall service delivery [2].

Summary of Altice USA Conference Call Company Overview - **Company**: Altice USA - **Industry**: Telecommunications Key Points and Arguments Vision and Transformation - Altice USA aims to be the connectivity provider of choice in every community served, focusing on stabilizing operations and improving customer experience [5][6][8] - Over the past two and a half years, the company has undergone significant transformation, including cultural changes and leadership restructuring, with over 150 new VPs hired [6][8] - The company has received awards for network performance, indicating progress in stabilization [7] Financial Goals - Altice USA targets approximately $3.4 billion in EBITDA by 2025, marking a return to year-over-year EBITDA growth for the first time since 2021 [10][12] - The company has implemented workforce efficiency measures, including a 5% reduction in workforce, to achieve financial objectives [13] Operational Efficiency and AI Utilization - The company is leveraging AI to enhance operational efficiency, improve customer service, and streamline processes [17][20] - Tools like AIVA have been introduced to assist frontline employees in providing better customer service and maximizing customer lifetime value [20][21] - AI is also being used to improve network management, reducing the need for truck rolls and manual troubleshooting [22] Broadband Strategy - Altice USA is adopting a tailored approach to broadband deployment, balancing fiber and hybrid fiber coax (HFC) based on regional market conditions [27][30] - The company has 3 million fiber passings and is building approximately 175,000 new fiber connections annually [30] - Competitive pressures from fixed wireless services are acknowledged, but the company is confident in its strategies to stabilize broadband performance [32][34] Customer Experience and Product Offerings - The company has simplified its broadband rate card and video packages to enhance customer understanding and satisfaction [44][45] - New video tiers have been introduced, allowing customers to choose content that aligns with their preferences [45][50] - Altice USA is focusing on integrating mobile services with broadband offerings to provide a comprehensive connectivity solution [60][66] Advertising and SMB Growth - The advertising segment is being enhanced through investments in agency services and digital platforms [73] - The SMB sector is seeing growth through the introduction of new products and solutions, aiming to provide comprehensive services to small businesses [69][71] Financial Management and Debt Strategy - Altice USA is addressing significant debt maturities approaching in 2027, totaling $7.3 billion, and is focused on creating a sustainable capital structure [75][76] - The company has entered into a $1 billion asset-backed loan to improve financial flexibility [75][78] - Capital expenditures have been optimized to drive efficiency while still investing in growth initiatives [82][83] Challenges and Market Dynamics - The competitive landscape remains intense, with pressures from both high-end fiber providers and low-end fixed wireless services [41][42] - The company is committed to innovation and quality to maintain a competitive edge in the market [41][40] Additional Important Insights - The company is focused on customer-centric strategies, ensuring that offerings align with customer needs and preferences [49][58] - There is an ongoing effort to improve customer trust and brand perception, which had been negatively impacted in the past [80][81] This summary encapsulates the key points discussed during the Altice USA conference call, highlighting the company's strategic direction, operational improvements, and financial objectives.

Core Insights - Goldman Sachs analyst Michael Ng indicates that 2026 may be a pivotal year for the U.S. telecommunications and cable industry due to the accelerated integration of mobile and fixed-line services and increasing competition [1] Group 1: Company Performance - AT&T and T-Mobile are identified as having the most favorable growth trajectories, attributed to their ongoing investments in spectrum resources and network modernization [1] - T-Mobile holds a significant advantage in network quality due to its extensive mid-band spectrum holdings, while AT&T showcases strong network capabilities through industry-leading capital investments and infrastructure [1] - Verizon is rated as "buy" as its service revenue growth is expected to increase with the acceleration of average revenue per user (ARPU) for postpaid mobile services [2] Group 2: Market Trends - The U.S. is projected to see over 55 million new fiber-covered users between 2024 and 2029, which will act as a growth engine for telecom companies by reducing churn rates and enhancing customer lifetime value and profitability [1] - The fixed wireless access (FWA) sector sees T-Mobile as the most proactive player, while AT&T's investment is comparatively lower but will benefit from the transition away from copper networks [2] Group 3: Competitive Landscape - Charter Communications and Altice USA are rated as "sell" due to intense competition from fixed wireless access and fiber services, which may adversely affect their operational performance [3] - The bundling of cable and wireless services is viewed as a preferred consumer choice, with AT&T, Verizon, and T-Mobile leading in this competitive area [3][4] - Despite having the largest bundled service user base, cable companies are still losing broadband users, indicating that bundling strategies may only mitigate user churn rather than prevent it entirely [4]

Core Insights - Lightpath is constructing 130-route miles of AI-grade fiber infrastructure in Eastern Pennsylvania to support the growing hyperscale data center ecosystem in the region [1][2][5] - The network will enhance connectivity between Eastern Pennsylvania and major data center hubs, including Ashburn, Virginia, and New York City [3][4] - This project marks Lightpath's third AI infrastructure initiative announced in 2025, following expansions in Phoenix and Columbus [6][7] Group 1: Project Details - The new network will consist of underground, multi-conduit systems with ultrahigh fiber-count capacity, with plans to expand to over 400-route miles [2][4] - Completion of the initial phase is scheduled for mid-2026, enabling high-bandwidth connectivity for various sectors [3][4] - The infrastructure will support a range of services, including dark fiber, Ethernet, and Internet services, catering to hyperscalers and other enterprises [4][5] Group 2: Market Opportunity - The Susquehanna region is identified as a significant opportunity for AI digital infrastructure due to its unique power capacity and data center developments [5][6] - Proximity to densely populated areas in the Northeast will provide low-latency connectivity options for AI workloads [5][7] - Lightpath's tailored approach and proven capabilities have earned trust among partners in the hyperscale market [7]