STOCK TITAN

Ultra-Fast Optimum 8 Gig Symmetrical Fiber Internet Service Launches Across More Than 1.7 Million Passings, Representing the Widest Availability of 8 Gig Speeds in the United States

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Optimum, a brand of Altice USA, has launched its new 8 Gig symmetrical Fiber Internet service, offering speeds four times faster than Verizon, 60% faster than Frontier, and 32 times faster than T-Mobile 5G Home Internet. The service is now available to over 1.7 million residents and businesses, with plans to expand to nearly 3 million passings by year end. Optimum's 8 Gig Fiber Internet provides ultra-fast and reliable connectivity, supporting data-intensive applications and allowing simultaneous connection of over 100 devices.
Positive
  • None.
Negative
  • None.

Optimum 8 Gig Fiber Internet Delivers Speeds Four Times Faster than Verizon, 60% Faster than Frontier, and 32 Times Faster than T-Mobile 5G Home Internet, Providing an Ultra-Fast, Reliable Connectivity Experience

Optimum 8 Gig Service Will Expand to Nearly 3 Million Fiber Passings by Year End

NEW YORK--(BUSINESS WIRE)-- Optimum, a brand of Altice USA (NYSE: ATUS), today announces the launch of its new 8 Gig symmetrical Fiber Internet service, now available to more than 1.7 million residents and businesses across the company’s fiber footprint. By year end, Optimum 8 Gig Fiber will be available to nearly 3 million passings and will expand as the Company’s fiber network build continues.

This launch represents the largest deployment of 8 Gig internet speeds in the country and cements Optimum as the nation’s largest 8 Gig internet provider, delivering the fastest Fiber Internet available in its serviceable footprint that is four times faster than Verizon, 60% faster than Frontier, and 32 times faster than T-Mobile 5G Home Internet.

“After launching 2 and 5 Gig symmetrical Fiber Internet speeds last year, Optimum is pleased to have invested even further in our network and infrastructure to bring next level 8 Gig symmetrical internet speeds to our fiber footprint,” said Leroy Williams, Chief Growth Officer, Optimum. “Optimum is now the nation’s largest 8 Gig Fiber Internet provider, and availability will continue to increase as we deploy fiber to more homes and businesses as we solidify our position as the connectivity provider of choice across all the communities we serve. We look forward to bringing these reliable and faster speeds, along with an enhanced customer experience, to meet our customers’ growing data needs today and into the future.”

Backed by Optimum’s 100% Fiber Internet network with 99.9% network reliability, Optimum’s 8 Gig Fiber Internet offers 8 Gig symmetrical upload and download speeds to support the most data-intensive applications such as AR/VR, gaming, graphic design, and video production, all while providing increased bandwidth that can simultaneously connect 100+ devices to the internet at once. The service is delivered directly into the home via the Optimum Fiber Gateway to enable fast, reliable WiFi in the home or business, with extenders available for extra coverage.

“Optimum’s Fiber is deployed using XGS-PON, an advanced technology that enables multi-gigabit symmetrical speeds and that is superior to the legacy GPON standard used by many other fiber providers,” said Pragash Pillai, Chief Technology and Information Officer, Optimum. “As we continue to bring faster, more reliable service to customers through this state-of-the-art technology, the strength of Optimum’s Fiber network goes unmatched.”

Optimum continues to be a leader in the deployment of multi-gigabit internet speeds across the nation, having launched 2 and 5 Gig internet service across its fiber footprint in the New York tri-state area last year, and now adding an additional 8 Gig speed tier to more homes and businesses on its 100% Fiber Internet Network.

For more information on Optimum’s multi-gig speed tiers and other fiber offerings, prospective customers can visit Optimum.com/8Gig. Existing customers can call 1.866.347.4784 to upgrade.

About Optimum

Optimum is a brand of Altice USA, one of the largest broadband communications and video services providers in the United States, delivering broadband, video, and mobile services to nearly 5 million residential and business customers across 21 states. The company operates a4, an advanced advertising and data business, which provides audience-based, multiscreen advertising solutions to local, regional and national businesses and advertising clients. Altice USA also offers hyper-local, national, international and business news through its News 12, Cheddar News and i24NEWS networks.

Erin Smyth: +1 917-565-2480 / Erin.Smyth@AlticeUSA.com

Heather Besler: +1 631-660-8321 / Heather.Besler@AlticeUSA.com

Source: Altice USA

FAQ

What is the new service launched by Optimum?

Optimum has launched its new 8 Gig symmetrical Fiber Internet service.

How does Optimum's 8 Gig Fiber Internet compare to other providers?

Optimum's 8 Gig Fiber Internet is four times faster than Verizon, 60% faster than Frontier, and 32 times faster than T-Mobile 5G Home Internet.

How many residents and businesses can access Optimum's 8 Gig Fiber Internet?

The service is currently available to over 1.7 million residents and businesses, with plans to expand to nearly 3 million by year end.

What are the benefits of Optimum's 8 Gig Fiber Internet?

Optimum's 8 Gig Fiber Internet offers ultra-fast and reliable connectivity, supporting data-intensive applications and allowing simultaneous connection of over 100 devices.

How can prospective customers get more information or upgrade?

Prospective customers can visit Optimum.com/8Gig for more information. Existing customers can call 1.866.347.4784 to upgrade.

Altice USA, Inc.

NYSE:ATUS

ATUS Rankings

ATUS Latest News

ATUS Stock Data

1.16B
276.97M
11.33%
48.2%
5.85%
Telecom Services
Cable & Other Pay Television Services
Link
United States of America
LONG ISLAND CITY