Optimum Communications, Inc. (NYSE: OPTU)

Altice USA, a prominent player in the telecommunications industry, is a holding company that operates in the United States, providing broadband communications and video services to residential and business customers. The company, which was incorporated in Delaware in 2015, is controlled by Patrick Drahi through Next Alt S.à.r.l. and is a subsidiary of Altice Europe N.V., a European telecommunications company.

Altice USA's primary business activities revolve around providing broadband, video, telephony, and mobile services. The company operates a fiber-rich hybrid-fiber coaxial (HFC) broadband network and a fiber-to-the-home (FTTH) network, which enables it to provide multi-gig broadband speeds to cater to the growing data needs of its customers. Its offerings include a variety of products and services, such as broadband, video, telephony, and mobile services, as well as enterprise-grade fiber connectivity, bandwidth, and managed services.

The company generates revenue mainly through the sale of its services to residential and business customers. Its revenue streams come from the sale of broadband, video, and telephony services, as well as from advertising and other sources. In 2023, Altice USA's revenue was approximately $9.2 billion.

Altice USA's business is divided into several segments, including residential services, business services, and news and advertising. The residential services segment provides broadband, video, and telephony services to residential customers, offering a range of service tiers, including download speeds of up to 8 Gbps. The business services segment provides broadband, telephony, and video services to business customers, offering a range of services, including Ethernet, data transport, IP-based virtual private networks, Internet access, and telephony services. The news and advertising segment provides news programming and advertising services to its customers, owning and operating several news channels, including News 12, Cheddar News, and i24NEWS.

Altice USA's competitive advantages include its large and diverse customer base, its extensive fiber-rich network, and its ability to offer a range of services to its customers. The company faces intense competition in the market, with competitors such as Comcast, Charter, and Verizon offering similar services. However, Altice USA's focus on providing a range of services to its customers has helped it to maintain a strong market position.

Altice USA's customers include a diverse range of individuals and businesses, including residential customers, small and medium-sized businesses (SMBs), and large enterprises. The company's customer base is spread across 21 states, primarily in the New York metropolitan area and various markets in the south-central United States.

Among the brand names and/or trade names of its products and services, Altice USA offers Optimum TV for video services, while its broadband offerings include a range of service tiers with varying download speeds. In the business services segment, the company offers a variety of services, including Ethernet, data transport, and IP-based virtual private networks. Additionally, Altice USA's news and advertising segment operates several news channels, including News 12, Cheddar News, and i24NEWS, and provides advertising services through its a4 advertising platform.