Cable, satellite TV companies lose 7 million customers in 2023
The losses were nearly offset by gains in the streaming cable TV replacement industry, which grew by 1.89 million customers during the year.
The losses were nearly offset by gains in the streaming cable TV replacement industry, which grew by 1.89 million customers during the year.
On Monday, reports indicated Charter had sought financial guidance on a possible takeover bid of Altice and its two cable businesses.
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.
Fonseca was not named as a suspect in the matter, which involved the company’s Portugal operations.
Altice has sold its interest in streaming business network Cheddar News to Archetype, the companies announced on Friday.
Altice has sold its interest in streaming business network Cheddar News to Archetype, the companies announced on Friday.
Nearly a dozen Altice-owned channels will be distributed on Samsung TV Plus through a new arrangement that includes a targeted advertising pact.
Only around 15 percent of the ACP’s 20 million benefits recipients come from rural areas, according to the FCC.
Patrick Drahi said the ongoing criminal probe should not have a material impact on Altice’s cash or guidance through 2023.
Altice International has suspended several executive-level employees amid a law enforcement probe over apparent fraud and collusion.