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Altice USA (NYSE: ATUS) delivers essential telecommunications services including broadband, digital media, and enterprise connectivity solutions across U.S. markets. This news hub provides investors and stakeholders with timely updates on corporate developments, financial performance, and strategic initiatives.
Access official press releases and third-party analysis covering earnings announcements, infrastructure investments, partnership agreements, and regulatory updates. Our curated feed ensures you stay informed about ATUS's evolving role in advancing broadband access, media innovation, and next-gen network infrastructure.
Key updates include executive leadership changes, service expansion announcements, technology deployments through Lightpath fiber networks, and A4 Advertising platform enhancements. Bookmark this page for streamlined tracking of Altice USA's progress in shaping digital connectivity landscapes.
Altice USA (NYSE: ATUS) has announced it will host a conference call on Thursday, May 8, 2025, at 8:30 a.m. ET to discuss its Q1 2025 financial and operating results for the period ended March 31, 2025.
The call will be led by Dennis Mathew, Chairman and CEO, and Marc Sirota, CFO. Earnings release, results presentation, and trended schedule will be available at 7:00 a.m. ET on the company's Investor Relations website before the call.
Lightpath has announced its expansion into Columbus, OH with a new 102-route mile underground network designed to support AI infrastructure. The project, anchored by a major hyperscaler partner, will connect two strategic data center campuses to the metro corridor, with completion scheduled for mid-2026.
The network will offer comprehensive connectivity services including dark fiber, conduit services, wavelengths up to 800 Gbps, Ethernet, and Internet. Columbus represents Lightpath's second AI-specification network in 2025, following their Phoenix market entry in February. The expansion targets Columbus's growing data center ecosystem, currently the third largest in the Americas with 1.8GW of operational capacity and 3GW planned.
The company reported $110 million in AI-related bookings for 2024, with a remaining demand pipeline of approximately $1 billion. Lightpath also recently acquired United Fiber and Data assets.
Altice USA (NYSE: ATUS) has announced that Dennis Mathew, Chairman and CEO, will deliver a presentation at the New Street Research and BCG Future of Connectivity Leaders Conference. The presentation is scheduled for Wednesday, March 26, 2025, at 11:35 a.m. Eastern Time.
Interested parties can access a live webcast of the presentation through the Altice USA investor relations website. A direct link to the webcast will also be made available for viewers.
Lightpath has completed the acquisition of WANRack's network assets and customers in the Phoenix metropolitan market, adding 133 route miles of fiber infrastructure. This strategic move accelerates Lightpath's recent market entry in Phoenix, expanding their total network footprint to 363 route miles.
The acquired infrastructure includes diverse paths between the Goodyear data center ecosystem and metro Phoenix carrier hotel facilities. Upon completion, the network will connect 10 key data centers via underground, multi-duct conduit systems, linking data center hubs across Goodyear, Buckeye, Chandler, Glendale, Mesa, and Tempe to Phoenix's primary carrier exchange ecosystems.
The network will be positioned near more than 30 additional single and multi-tenant data center campuses. While Lightpath is already operational on the 133 miles of acquired fiber, additional network segments will be constructed in Q2 2025, with full network completion expected by the end of 2026.
Altice USA (NYSE: ATUS) has announced that its Chairman and CEO, Dennis Mathew, will present at the Morgan Stanley Technology, Media & Telecom Conference on Tuesday, March 4, 2025. The presentation will take place at 4:50 p.m. Eastern Time / 1:50 p.m. Pacific Time. A live webcast will be available for viewing on the Altice USA investor relations website.
Lightpath announced its entry into the Phoenix market with a new 230-route mile, high-fiber count network, anchored by multiple hyperscaler customers. The network will feature underground, multi-conduit systems with capacity for 20,000 fibers, connecting 8 data center campuses and carrier hotel locations, with 30+ additional data centers near planned routes.
The network will connect data center ecosystems across Goodyear, Buckeye, Chandler, Glendale, Mesa, and Tempe. Construction has begun with priority routes targeted for Q2 2025 completion and full completion in 2026. The company will offer infrastructure services including dark fiber, conduit services, wavelengths up to 800 Gbps, Ethernet, and Internet.
Phoenix represents the fifth largest data center ecosystem globally with 1.6GW of operational capacity and an additional 1+GW planned by 2027. Lightpath previously announced $110 million of AI-related bookings in 2024 with a remaining demand pipeline of approximately $1 billion.
Optimum has announced plans to enable multi-gigabit internet speeds across 65% of its service footprint by 2028, doubling the current availability of approximately 30%. The company has reached a milestone of three million fiber passings, representing nearly one-third of its footprint.
The network enhancement initiative includes mid-split upgrades across the hybrid-coax network, enabling download speeds up to 2 Gbps, and continued fiber network expansion offering symmetrical speeds up to 8 Gbps. The company plans to add 175,000 passings in 2025, mostly fiber.
Currently, over 95% of Optimum's network supports 1 Gig internet speeds or higher. The company's fiber network was recently ranked by Ookla® for fastest and most reliable internet speeds in NY and NJ, and best gaming experience in NY, NJ, and CT.
Altice USA (ATUS) reported Q4 2024 results with total revenue of $2.2 billion (-2.9% YoY) and FY 2024 revenue of $9.0 billion (-3.1% YoY). The company posted a net loss of $54.1 million in Q4 and $102.9 million for FY 2024.
Key operational highlights include record fiber performance with 538k fiber customers (+58% YoY) and best mobile performance in 5 years with 460k lines (+43% YoY). The company reached 3 million fiber passings by year-end 2024.
Financial metrics show Adjusted EBITDA of $837.5 million (-7.3% YoY) with 37.5% margin in Q4, and Free Cash Flow of $49.9 million. The company maintained positive cash flow despite challenging macro conditions, while focusing on network expansion and multi-gig service rollout.
Lightpath has completed the acquisition of United Fiber and Data (UFD) assets and introduced LightCube Edge Data Centers. The acquisition includes a strategic 323-mile NYC-Ashburn route, 79 miles of metro fiber in New Jersey and New York City, and approximately 250 new commercial service locations in Manhattan, bringing their Manhattan service locations to over 1,500.
The NYC-Ashburn route offers the industry's lowest latency between New York City and Ashburn's data center ecosystem, with service options including dark fiber and wavelengths up to 800 Gbps. Currently, nearly 25% of the cable is under contract, representing a 3.5x increase since the transaction announcement.
The company plans to deploy LightCube edge data centers along the NYC-Ashburn route, upgrading four existing ILAs to support edge compute workloads and AI services. These modular facilities will support 864-count fiber cables with corresponding space and power capabilities.
Optimum has received top rankings from Ookla® Speedtest® for its 100% Fiber Internet network across multiple regions. The company secured first place for fastest and most reliable internet speeds, lowest latency, and best gaming experience in New York and New Jersey, while also leading in several categories in Connecticut.
The network, which offers up to 8 Gig symmetrical upload and download speeds, now reaches over 2.9 million passings and serves 500,000 residential customers. Optimum's fiber network provides 99.9% reliability, supporting data-intensive applications like gaming, graphic design, and video production.
Beyond fiber services, Optimum's hybrid-fiber coax network achieved top rankings for fastest internet speeds in several counties across Arizona, Arkansas, California, Louisiana, Nevada, Oklahoma, and Texas. The company also offers Optimum Stream, providing various TV packages including Entertainment TV, Extra TV, and Everything TV, integrating live TV with streaming apps through Google Play Store.