{"id":553026,"date":"2025-11-06T14:06:15","date_gmt":"2025-11-06T14:06:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/553026\/"},"modified":"2025-11-06T14:06:15","modified_gmt":"2025-11-06T14:06:15","slug":"cable-operator-altice-usa-changes-name-to-optimum-communications","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/553026\/","title":{"rendered":"Cable Operator Altice USA Changes Name to Optimum Communications"},"content":{"rendered":"<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tSay adieu to the <a href=\"https:\/\/variety.com\/t\/altice-usa\/\" id=\"auto-tag_altice-usa\" data-tag=\"altice-usa\" target=\"_blank\" rel=\"noopener\">Altice USA<\/a> name: The cable operator has changed its corporate name to <a href=\"https:\/\/variety.com\/t\/optimum-communications\/\" id=\"auto-tag_optimum-communications\" data-tag=\"optimum-communications\" target=\"_blank\" rel=\"noopener\">Optimum Communications<\/a>, effective immediately, to match its services brand identity.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tThe company will cease trading under New York Stock Exchange ticker symbol \u201cATUS\u201d and begin trading under the new symbol \u201cOPTU\u201d on Nov. 19, 2025.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tFrench telecom and media conglomerate Altice completed its $18 billion\u00a0<a href=\"http:\/\/variety.com\/2016\/tv\/news\/altice-cablevision-cable-operator-fourth-largest-1201800266\/\" target=\"_blank\" rel=\"noopener\">takeover of Cablevision in June 2016<\/a>, ending the Dolan family\u2019s involvement in the cable company. In 2017 Altice USA said it was <a href=\"https:\/\/variety.com\/2017\/biz\/news\/cablevision-optimum-brand-altice-1202441627\/\" target=\"_blank\" rel=\"noopener\">going to phase out the Optimum name<\/a>, but ended up keeping the well-recognized Optimum brand (which Cablevision had launched in 1999).<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\t\u201cThis is more than a name change \u2014 it\u2019s a reflection of who we are and where we are going,\u201d said Dennis Mathew, chairman and CEO of Optimum Communications, in a statement. \u201cAs we accelerate our transformation and deepen our commitment to our customers, employees, and communities, aligning our corporate identity with the strong Optimum brand underscores our focus on simplicity, performance and purpose. It\u2019s an incredibly exciting time for the organization as it enters its next chapter as one unified Optimum.\u201d<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tAs of the end of September, the New York-based company had 4.4 million residential and business customers across 21 states through its Optimum brand, down from 4.6 million a year prior.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tThe company reported total Q3 revenue of $2.11 billion, down 5.4% year over year, and a net loss of $1.63 billion which includes a non-cash impairment charge of approximately $1.6 billion dollars related to \u201cindefinite-lived cable franchise rights.\u201d<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tIn addition to the cable connectivity and TV business, the company operates the Optimum Media advertising and data business, and News 12, which is focused on delivering hyperlocal news.<\/p>\n","protected":false},"excerpt":{"rendered":"Say adieu to the Altice USA name: The cable operator has changed its corporate name to Optimum Communications,&hellip;\n","protected":false},"author":2,"featured_media":553027,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5311],"tags":[158826,177021,49,978,659],"class_list":{"0":"post-553026","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-states","8":"tag-altice-usa","9":"tag-optimum-communications","10":"tag-united-states","11":"tag-us","12":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115503142211136349","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/553026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=553026"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/553026\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/553027"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=553026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=553026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=553026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}