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Altice USA Inc (ATUS.N)

ATUS.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Dolan vs Altice Lawsuit Amended Asking Court To Require Altice To Restore Staffing Levels
Wednesday, 13 Mar 2019 

March 13 (Reuters) - Dolan Family::DOLAN VERSUS. ALTICE LAWSUIT AMENDED ASKING COURT TO REQUIRE ALTICE TO RESTORE STAFFING LEVELS AND APPOINT MONITOR TO OVERSEE COMPLIANCE.DOLAN FAMILY SAYS IN AMENDED COMPLAINT PLAINTIFFS ASKED COURT TO REQUIRE ALTICE USA TO RESTORE STAFFING LEVELS AT NEWS 12 TO 462 FOR 5-YEAR PERIOD.  Full Article

Altice Usa Inc - Fourth Quarter Earnings Per Share $0.30
Friday, 22 Feb 2019 

Feb 21 (Reuters) - Altice Usa Inc ::ALTICE USA REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS.SEES FY 2019 REVENUE UP 2.5 TO 3 PERCENT.Q4 REVENUE $2.45 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.46 BILLION.FOR FULL YEAR 2019 ALTICE USA EXPECTS SHARE REPURCHASES OF $1.5 BILLION (EX-M&A).QTRLY EARNINGS PER SHARE $0.30.  Full Article

The Dolan Family Says U.S. Court Ordered Altice To Maintain "Status Quo" Staffing Levels At News 12 For Remainder Of Lawsuit
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Altice Europe NV ::THE DOLAN FAMILY - IN COURT ORDER DATED FEB. 13, U.S. COURT ORDERED ALTICE USA TO MAINTAIN "STATUS QUO" STAFFING LEVELS AT NEWS 12 FOR REMAINDER OF LAWSUIT.THE DOLAN FAMILY SAYS RULING PROHIBITS ALTICE FROM REDUCING POSITIONS FOR NEWS 12 STAFF UNTIL MATTER IS RESOLVED BY COURT.THE DOLAN FAMILY SAYS IN A SEPARATE ACTION ON FEB. 13, U.S. COURT SCHEDULED A HEARING FOR APRIL 22 REGARDING ALTICE USA MOTION TO DISMISS CASE.  Full Article

Altice USA Announces Successful Pricing Of New Term Loan
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Altice USA Inc ::ALTICE USA ANNOUNCES SUCCESSFUL PRICING OF NEW TERM LOAN.ALTICE USA INC - UNIT PRICED A NEW $1 BILLION 8.25-YEAR SENIOR SECURED TERM LOAN B MATURING ON APRIL 15, 2027.  Full Article

Altice USA Unit Enters Into Seventh Amendment To Credit Agreement
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Altice USA Inc ::ALTICE USA INC SAYS ON JAN 24, CO'S UNIT ENTERED INTO A SEVENTH AMENDMENT TO CREDIT AGREEMENT - SEC FILING.ALTICE USA INC - SEVENTH AMENDMENT AMENDS AND SUPPLEMENTS BORROWER'S CREDIT AGREEMENT, DATED AS OF OCTOBER 9, 2015.ALTICE USA - SEVENTH AMENDMENT PROVIDES FOR IN AGGREGATE PRINCIPAL AMOUNT OF $2,170.0 MILLION WITH AN EXTENDED MATURITY UNTIL JANUARY 2024.  Full Article

Altice Usa Announces Pricing Of $1,500 Million Senior Guaranteed Notes Due 2029
Friday, 25 Jan 2019 

Jan 25 (Reuters) - Altice USA Inc ::ALTICE USA ANNOUNCES SUCCESSFUL PRICING OF $1,500 MILLION SENIOR GUARANTEED NOTES DUE 2029.ALTICE USA INC - SUBSIDIARY CSC HOLDINGS PRICED AN OFFERING OF $1,500.0 MILLION OF ITS SENIOR GUARANTEED NOTES DUE 2029.  Full Article

Altice To Sell 49.99 Percent Stake In SFR FTTH For 1.8 Billion Euros
Friday, 30 Nov 2018 

Nov 30 (Reuters) - ALTICE EUROPE NV ::THANKS TO ALTICE FIBRE STRATEGY: SFR WILL DELEVERAGE AND GROW FROM 2019.EUR 3.6 BILLION EQUITY PARTNERSHIP WITH PRESTIGIOUS FRENCH, EUROPEAN AND CANADIAN INSTITUTIONS CREATES LEADING FTTH INFRASTRUCTURE WHOLESALER IN FRANCE.EQUITY PARTNERSHIP BRINGS AN ADDITIONAL EUR 1.8 BILLION OF CASH TO SFR.THROUGH THIS TRANSACTION ALTICE FRANCE AND ALTICE EUROPE WILL FURTHER REDUCE THEIR NET LEVERAGE RATIOS AND SIGNIFICANTLY GROW.TRANSACTION IS EXPECTED TO OCCUR IN H1 2019.ALTICE FRANCE HAS ENTERED INTO AN EXCLUSIVITY AGREEMENT WITH ALLIANZ CAPITAL PARTNERS AXA INVESTMENT MANAGERS - REAL ASSETS, ACTING ON BEHALF OF CLIENTS OMERS INFRASTRUCTURE.SALE OF A MINORITY EQUITY STAKE OF 49.99% IN SFR FTTH FOR A TOTAL CASH CONSIDERATION OF EUR 1.8 BILLION BASED.SFR FTTH WILL DEPLOY FIBRE MASSIVELY IN NEXT 4 YEARS, AT LEAST 1 MILLION HOMES PASSED PER YEAR.  Full Article

Altice Europe Announces Strengthening Of Board
Thursday, 1 Nov 2018 

Oct 31 (Reuters) - Altice Europe Nv ::ALTICE EUROPE N.V. ANNOUNCES STRENGTHENING OF THE BOARD OF DIRECTORS AND EVOLUTION OF GROUP MANAGEMENT.MALO CORBIN IS APPOINTED ALTICE EUROPE CFO.  Full Article

Altice Usa Inc - Unit Entered A 6th Amendment To Credit Agreement
Saturday, 20 Oct 2018 

Oct 19 (Reuters) - Altice Europe NV ::ALTICE USA INC - ON OCT 15, UNIT ENTERED INTO A SIXTH AMENDMENT TO CREDIT AGREEMENT - SEC FILING.ALTICE USA INC - SIXTH AMENDMENT PROVIDES FOR NEW INCREMENTAL TERM LOAN COMMITMENTS IN AMOUNT OF $1,275 MILLION.  Full Article

Altice Europe N.V. Is Conducting A Strategic Review Of Its Fiber Infrastructure
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - Altice Europe NV ::ALTICE EUROPE N.V. IS CONDUCTING A STRATEGIC REVIEW OF ITS FIBER INFRASTRUCTURE.ALTICE EUROPE NV - HAS TAKEN NOTE OF RECENT MARKET SPECULATION REGARDING ITS FIBER INFRASTRUCTURE.ALTICE EUROPE NV - HAS UNDERTAKEN A STRATEGIC REVIEW OF FIBER INFRASTRUCTURE TO FURTHER ACCELERATE ITS DEPLOYMENT, EXPLORING FINANCIAL PARTNERSHIPS.ALTICE EUROPE NV - NO FINAL DECISION WITH RESPECT TO ANY STRATEGIC TRANSACTION INVOLVING ITS FIBER INFRASTRUCTURE HAS BEEN TAKEN.  Full Article

Altice USA is considering sale of Lightpath fiber unit: sources

NEW YORK Cable operator Altice USA Inc is exploring options for its Lightpath fiber unit, including a divestment of the seller of Internet services to large corporations that could fetch $3 billion, according to sources familiar with the matter.