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Altice operates in growing broadband and fiber markets, but recent financial results showed declining EPS and free cash flow.
Altice USA has secured a $1 billion asset-backed term loan facility in partnership with Goldman Sachs and TPG Angelo Gordon.
Altice USA (NYSE: ATUS) today announces that it has entered into and funded an inaugural $1.0 billion asset-backed term loan ...
Altice USA operates under a heavy debt load, with consolidated net leverage, by our calculation, at 6.6 times EBITDA as of the end of 2022 and 6.8 times at the end of the first quarter.
Altice USA, through its Optimum brand, is a leading incumbent operator in Bronx and Brooklyn where its operations span ...
Altice USA operates under a heavy debt load, with consolidated net leverage, by our calculation, at 7.0 times EBITDA as of the end of 2023. The firm has carried around $24.5 billion of net debt ...
Looking at Altice USA's peers in the consumer discretionary segment, some of them have already reported Q4 earnings results, giving us a hint of what we can expect. Sirius XM delivered top-line ...
U.S. cable giant Altice USA lost few video subscribers during the second quarter, even as its quarterly earnings fell on lower overall revenue as expected by Wall Street. The company said it lost ...
Altice USA had 3.5 million video customers and 4 million broadband subscribers as of March. It filed preliminary paperwork for an IPO in April without the dollar amount it hoped to raise.
Altice USA also offers hyper-local, national, international and business news through its News 12, Cheddar and i24NEWS networks.
Altice USA began its partnership with Cheddar in 2017 as an investor in the company. LionTree Advisors served as exclusive financial advisor to Cheddar, and Cooley served as legal counsel to Cheddar.
Altice USA at the start of September unveiled a $7.8 billion offer to acquire Canadian cable giant Cogeco Co. to get its hands on its U.S. unit Atlantic Broadband, which the bid valued at $3.6 ...
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