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Altice USA Inc (ATUS.N)

ATUS.N on New York Stock Exchange

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10:57pm IST
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Latest Key Developments (Source: Significant Developments)

Altice USA Q3 EARNINGS PER SHARE $0.04
Tuesday, 6 Nov 2018 

Nov 5 (Reuters) - Altice USA Inc ::ALTICE USA REPORTS THIRD QUARTER 2018 RESULTS.Q3 REVENUE $2.42 BILLION VERSUS I/B/E/S VIEW $2.4 BILLION.SHARE BUYBACK TARGET UP TO $500 MILLION IN 2018.ADVERTISING REVENUE INCREASED +37.8% YOY IN Q3 2018.PROGRAMMING COSTS INCREASED +3.9% YOY IN Q3 2018.ALTICE USA - TOTAL UNIQUE RESIDENTIAL CUSTOMER RELATIONSHIPS STABLE YOY (+0.1% YOY) WITH QUARTERLY NET LOSSES OF 5,000 IN Q3.QTRLY EARNINGS PER SHARE $0.04.RESIDENTIAL ARPU PER UNIQUE CUSTOMER INCREASED 2.3% YOY TO $143.0 IN Q3.PREPARATIONS FOR LAUNCH OF ALTICE MOBILE IN 2019.SEES 2018 REVENUE GROWTH ABOUT 2.5-3.0% YOY.FY2018 EARNINGS PER SHARE VIEW $-0.23 -- THOMSON REUTERS I/B/E/S.REITERATES PLAN TO FURTHER EXPAND ADJUSTED EBITDA & CASH FLOW MARGINS OVER MEDIUM- TO LONG-TERM.  Full Article

Altice's SFR Could Start Talks With Mediapro Regarding League 1 Rights-Altice France CEO
Wednesday, 30 May 2018 

May 30 (Reuters) - Altice NV ::FRENCH TELECOMS GROUP SFR GIVING ITSELF 3-4 YEARS TO MAKE ITS SPORTS-FOCUSED CHANNEL PROFITABLE, SAYS HEAD OF ALTICE FRANCE ALAIN WEILL IN NEWS CONFERENCE.ALTICE'S FRENCH UNIT SFR COULD START TALKS WITH SPAIN'S MEDIAPRO REGARDING LEAGUE 1 RIGHTS-ALTICE FRANCE CEO.SFR TO REVIEW POSSIBILITY OF MAKING BIDS FOR THE TWO LOTS THAT HAVE NOT YET BEEN ATTRIBUTED-ALTICE FRANCE CEO.  Full Article

Altice unlikely to achieve net debt target Of 4X EBITDA in 2019
Friday, 16 Mar 2018 

March 16 (Reuters) - Altice Europe ::ALTICE NV CEO SAYS TAKING ALTICE NV PRIVATE NOT ON OUR RADAR SCREEN.EUROPE CEO SAYS ALREADY SEEING SIGNIFICANT IMPROVEMENTS IN FIBRE, DSL CHURN IN FRANCE.EUROPE CEO SEES FRENCH CAPEX LOWER IN 2018.CEO SAYS INTERMEDIATE FRENCH CHURN TARGET MID-TEENS, LONGER TERM BELOW 10 PERCENT.CEO SAYS CONFIDENT OF MAKING MONEY FROM SPORTS RIGHTS ON FRENCH PREMIUM TV.CEO SAYS UNLIKELY TO ACHIEVE NET DEBT TARGET OF 4X EBITDA IN 2019.  Full Article

Altice USA Redeemed Outstanding $750 Mln Of 7.75% Senior Notes Due 2018
Saturday, 17 Feb 2018 

Feb 16 (Reuters) - Altice Nv ::ALTICE USA SAYS ON FEB 16, UNIT REDEEMED OUTSTANDING $750 MILLION OF 7.75% SENIOR NOTES DUE 2018 - SEC FILING.  Full Article

Altice USA, Starz Announce Multi-Year Carriage Agreement
Tuesday, 13 Feb 2018 

Feb 13 (Reuters) - Altice USA Inc ::ALTICE USA AND STARZ ANNOUNCE MULTI-YEAR CARRIAGE AGREEMENT.TO OFFER FULL SUITE OF STARZ & STARZ ENCORE PREMIUM LINEAR, HD CHANNELS, OTHER SERVICES ACROSS OPTIMUM & SUDDENLINK CABLE SYSTEMS.AGREEMENT ALSO ALLOWS CO TO SELL STARZ APP TO CUSTOMERS ON NEW ALTICE ONE ENTERTAINMENT SERVICE, BROADER DIGITAL RIGHTS.  Full Article

CSC Holdings Announces Allocation Of New Incremental Term Loan Facility
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - ALTICE NV ::CSC HOLDINGS, LLC ANNOUNCES ALLOCATION OF NEW INCREMENTAL TERM LOAN FACILITY.CSC HOLDINGS - ANNOUNCES PRICING, ALLOCATION OF NEW $1,500 MILLION INCREMENTAL TERM LOAN FACILITY UNDER EXISTING CREDIT AGREEMENT DATED AS OF OCT 9, 2015.  Full Article

CSC Holdings Announces Pricing Of Senior Guaranteed Notes
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Altice USA Inc ::CSC HOLDINGS, LLC ANNOUNCES PRICING OF SENIOR GUARANTEED NOTES.CSC HOLDINGS - PRICING OF OFFERING OF $1,000.0 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF SENIOR GUARANTEED NOTES DUE 2028.  Full Article

Altice Says French Division's Revenue Declined By About 2 Percent In 2017
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Altice Nv ::ALTICE SAYS FRENCH DIVISION'S REVENUE DECLINED BY ABOUT 2 PERCENT IN 2017.ALTICE EXPECTS FRENCH UNIT TO GENERATE BETWEEN 1.6 AND 1.7 BILLION EUROS IN OPERATING FREE CASH FLOW IN 2018, UNDER NEW PERIMETER.  Full Article

Altice CEO Says New Reorganization Will Improve Transparency, Simplify Management Structure - Conf Call‍​
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Altice Nv ::CEO SAYS ACQUISITION STRATEGY FOR ALTICE USA “CLEARLY NOT A FOCUS TODAY” - CONF CALL‍​.CEO SAYS COMPANY WILL LOOK AT OTHER NON-CORE DIVESTITURES - CONF CALL‍​.ALTICE CEO SAYS NEW REORGANIZATION WILL IMPROVE TRANSPARENCY, SIMPLIFY MANAGEMENT STRUCTURE - CONF CALL‍​.  Full Article

Altice N.V. Announces Altice USA Spin-Off, New Altice Europe Structure
Tuesday, 9 Jan 2018 

Jan 8 (Reuters) - Altice N.V. ::ALTICE ANNOUNCES GROUP REORGANIZATION, ALTICE USA SPIN-OFF AND NEW ALTICE EUROPE STRUCTURE.SAYS SEPARATION OF ALTICE USA FROM ALTICE NV TO BE EFFECTED BY SPIN-OFF OF ALTICE NV'S 67.2% INTEREST IN ALTICE USA.ALTICE FOUNDER PATRICK DRAHI TO CONTROL BOTH ALTICE EUROPE AND ALTICE USA‍​.SAYS ALTICE EUROPE TO REORGANIZE ITS STRUCTURE INTO ALTICE FRANCE, ALTICE INTERNATIONAL AND NEWLY FORMED ALTICE PAY TV SUBSIDIARY.POST-SEPARATION, DRAHI WILL SERVE AS PRESIDENT OF ALTICE EUROPE BOARD AND CHAIRMAN OF ALTICE USA BOARD.BOARD OF ALTICE USA APPROVED PAYMENT OF $1.5 BILLION CASH DIVIDEND TO ALL SHAREHOLDERS IMMEDIATELY PRIOR TO COMPLETION OF SEPARATION.ALTICE USA BOARD HAS AUTHORIZED SHARE REPURCHASE PROGRAM OF $2 BILLION, EFFECTIVE AFTER COMPLETION OF SEPARATION.SAYS PAYMENT OF $1.5 BILLION CASH DIVIDEND WILL BE FUNDED WITH AVAILABLE OPTIMUM REVOLVING FACILITY CAPACITY AND A NEW FINANCING AT OPTIMUM.ALTICE EUROPE REORGANIZATION TO INCLUDE INTEGRATING ALTICE'S SUPPORT SERVICES BUSINESSES INTO THEIR RESPECTIVE MARKETS.CO'S OWNERSHIP OF ALTICE TECHNICAL SERVICES U.S. TO BE TRANSFERRED TO ALTICE USA BEFORE COMPLETION OF SEPARATION FOR NOMINAL CONSIDERATION.ALTICE EUROPE REORGANIZATION TO INCLUDE BUNDLING ITS PREMIUM CONTENT ACTIVITIES INTO SEPARATELY FUNDED OPERATING UNIT WITH ITS OWN P&L.SAYS EACH CO SHAREHOLDER WILL BE ENTITLED TO RECEIVE 0.4163 OF A SHARE OF ALTICE USA COMMON STOCK FOR EVERY ALTICE NV SHARE.  Full Article

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Altice, Dish urge U.S. to intervene in T-Mobile-Sprint deal

U.S. cable and satellite TV providers Altice USA Inc and Dish Network Corp have urged U.S. regulators not to approve the planned merger between T-Mobile US Inc and Sprint Corp in its current form, according to filings published on Tuesday.