Altice USA grows advertising revenue, logs pay TV losses during Q3
Altice USA saw its news and advertising business grow 10 percent during its third financial quarter, the telecom said on Monday.
Altice USA saw its news and advertising business grow 10 percent during its third financial quarter, the telecom said on Monday.
The plans, called “Extra TV” and “Everything TV,” build on the momentum of budget-conscious “Entertainment TV.”
The providers are taking an initial step to move away from a piece of hardware that allowed subscribers to watch digitally-encrypted TV channels using third-party set-top boxes.
Altice U.S. has unveiled a new low-cost streaming TV package for its Optimum Internet subscribers.
Optimum said it wasn’t fair that customers pay more for Bally Sports channels while the fate of regional sports networks is up in the air.
The state’s attorney general takes issue with a little-disclosed $6 surcharge that appears on Optimum Internet customer bills.
On Monday, reports indicated Charter had sought financial guidance on a possible takeover bid of Altice and its two cable businesses.
Streaming’s revenue growth is attributed mainly to hybrid advertising-subscription models, according to Ampere.
The number of residential customers paying for Altice’s Optimum TV was 2.172 million at the end of 2023, the company revealed this week.
Altice is lowering the standard price of its Optimum fiber-based Internet service, with some customers seeing a reduction of their bills by 20 percent.