0.80
+6.38%
Close of 9 Nov 2026, in USD
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About Optimum Communications
From its filings with the US Securities and Exchange Commission
Optimum Communications is based in Long Island City, New York and is incorporated in Delaware. Its shares trade on NYSE under the ticker OPTU. The SEC classifies its business as cable & other pay television services. In the fiscal year to 31 December 2025, it reported revenue of $8.59bn and a net loss of $1.87bn. At that date it held total assets of $30.70bn and shareholders' equity of −$2.31bn.
Optimum Communications, Inc. (together with its subsidiaries, the "Company," "Optimum Communications," "we," "us," or "our") is one of the largest broadband communications and video services providers in the United States. We deliver high-speed broadband, video, mobile, and advertising services to residential and business customers across 21 states.
In November 2025, we amended our certificate of incorporation to change our corporate name from Altice USA, Inc. ("Altice USA") to Optimum Communications, Inc. On November 19, 2025, our Class A common stock began trading on the New York Stock Exchange ("NYSE") under the new ticker symbol "OPTU" (formerly "ATUS").
We are controlled by Patrick Drahi through Next Alt. S.à.r.l. ("Next Alt"), who also controls Altice Group Lux S.à.r.l., formerly Altice Europe N.V. ("Altice Europe") and its subsidiaries and other entities.
We are a holding company that does not conduct any business operations of our own. Altice Europe, through a subsidiary, acquired Cequel Corporation ("Cequel") on December 21, 2015 (the "Cequel Acquisition") and Cequel was contributed to Optimum Communications on June 9, 2016. Optimum Communications acquired Cablevision Systems Corporation ("Cablevision") on June 21, 2016 (the "Cablevision Acquisition").
Quoted from its 10-K, filed 13 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Communication Services
- Industry
- Media
- Listed since
- 22 Jun 2017
- Employees
- 8,900
- Website
- alticeusa.com ↗
- Head office
- 1 COURT SQUARE WEST, LONG ISLAND CITY, NY, 11101
- Incorporated in
- DE
- Classification
- Cable & Other Pay Television Services
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Mr. Dennis MathewChairman of the Board, Chief Executive Officer, since 2022$14.4m
- Mr. Marc SirotaChief Financial Officer$4.4m
- Mr. Michael ParkerPresident - Consumer Services
- Mr. Michael OlsenGeneral Counsel, Chief Corporate Responsibility Officer$4.3m
- Dr. David DrahiDirector
- Mr. Patrick DrahiDirector, since 2018
- Mr. Dexter GoeiDirector, since 2016$3.7m
- Mr. Dennis OkhuijsenDirector
- Mr. Charles StewartDirector, since 2015$945,815
- Mr. Mark MullenIndependent Director$260,000
- Ms. Susan SchnabelIndependent Director$250,000
- Mr. Raymond SviderIndependent Director$267,500
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 15
- Environment
- 8
- Social
- 21
- Governance
- 16
- Direct emissions (scope 1)
- 40,708 t
- Energy emissions (scope 2)
- 235,398 t
- Value chain emissions (scope 3)
- 1,312,323 t
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Altice USA Inc has a strong brand image and reputation in the telecommunications industry.
- The company has a wide range of product offerings, including high-speed internet, television, and phone services.
- Altice USA Inc has a large customer base and a strong market presence.
Weaknesses
- One of the weaknesses of Altice USA Inc is the high competition in the telecommunications market.
- The company has faced criticism regarding customer service and support.
- Altice USA Inc has a high debt burden, which may limit its financial flexibility.
Opportunities
- The increasing demand for high-speed internet services presents a growth opportunity for Altice USA Inc.
- The company can explore strategic partnerships to expand its service offerings and reach a larger customer base.
- Altice USA Inc can capitalize on the growing trend of cord-cutting and offer streaming services to attract new customers.
Threats
- The regulatory environment and government policies may pose a threat to Altice USA Inc's operations.
- Intense competition from other telecommunications companies can impact market share and profitability.
- Technological advancements and changing consumer preferences could disrupt the traditional telecommunications business model.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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