Altice USA: The Next Big Thing in Broadband!

Generado por agente de IAWesley Park
domingo, 23 de marzo de 2025, 1:54 am ET2 min de lectura
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Ladies and gentlemen, buckle up! Altice USAATUS-- is about to take the stage at the 2025 New Street Research and BCG Future of Connectivity Leaders Conference, and you do not want to miss this! Dennis Mathew, the Chairman and CEO, is set to present on Wednesday, March 26, 2025, at 11:35 a.m. Eastern Time. This is a game-changer, folks! The live webcast will be available on the Altice USA investor relations website, so mark your calendars and get ready to tune in!

Why is this such a big deal? Well, Altice USA is one of the largest broadband communications and video services providers in the United States, delivering top-notch services to approximately 4.6 million residential and business customers across 21 states through its Optimum brand. They are not just sitting on their laurels; they are actively engaging with industry leaders and showcasing their commitment to innovation and leadership in the broadband sector. This is a company that is all about growth, growth, growth!

Now, let's talk about what we can expect from Dennis Mathew's presentation. This is your chance to get an inside look at Altice USA's strategic initiatives and future growth plans. We are talking about network upgrade plans to enable the delivery of multi-gigabit internet speeds across 65% of its service footprint by 2028. This is a massive initiative that will double the availability of multi-gigabit speeds over the next three years. Are you ready for that kind of speed? Because Altice USA is!

But that's not all! Dennis Mathew will also provide updates on Altice USA's financial performance and outlook. The company reported a total revenue of $2.2 billion in Q4 2024 and $9.0 billion in FY 2024, with a net income loss of $(54.1) million in Q4 2024. However, they also reported a positive Free Cash Flow of $149.4 million in FY 2024. This is a company that is focused on long-term growth and innovation, and that is something you want to be a part of!

And let's not forget about customer growth and retention. Altice USA reported the highest ever fiber net additions, reaching 538k fiber customers, a +58% increase in total fiber customers compared to Y/E 2023. This is a company that is successfully attracting new customers and enhancing its competitive position in the market. Their new TV packages, which drive more value via mutually beneficial programming agreements, offer consumers more content flexibility and are available alongside a customer's favorite streaming services via Optimum Stream. This is a company that is all about the customer, and that is something you want to invest in!

So, are you ready to jump on board the Altice USA train? Because this is a company that is on the move, and you do not want to miss out on this opportunity! Tune in to the live webcast on March 26, 2025, at 11:35 a.m. Eastern Time, and get ready to be blown away by what Altice USA has in store for the future. This is a no-brainer, folks! Do not miss out on this chance to be a part of the next big thing in broadband!

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