IO Digital Cable
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Altice USA (at time of photo Cablevision) headquarters at the former Grumman campus in Bethpage, New York. Altice plans on moving to One Court Square in Queens.
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| Public Subsidiary | |
| Traded as | : ATUS |
| Industry |
Telecommunications Mass media |
| Predecessor | Cablevision |
| Founded | June 21, 2016 |
| Headquarters | Bethpage, NY, United States |
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Key people
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Dexter Goei (Chairman and Chief Executive Officer) Charles F. Stewart (Co-President and Chief Financial Officer) Hakim Boubazine (Co-President and Chief Operating Officer) |
| Products |
Cable (Internet) (VoIP Phone) (Business) |
| Brands | Optimum TV (Television) Optimum Online (Internet) Optimum Voice (VoIP Phone) Lightpath (Business) News 12 News 12 Varsity |
| Parent |
Altice (70.3% equity; 98.3% voting rights) Public (30.7%) |
| Subsidiaries |
Newsday, LLC: 25% Suddenlink Communications |
| Website | www |
Altice USA is an American cable television provider/multiple system operator based in New York City, with systems throughout the New York metro area, and in 16 other states through currently independent subsidiary Suddenlink Communications. The company is majority-owned by Altice NV, and Excluding Suddenlink, is the fifth-largest cable provider and ninth-largest television provider in the United States, with most customers residing in New York, New Jersey, Connecticut, and parts of Pennsylvania. Altice USA also offers high-speed Internet connections (Optimum Online), digital cable (Optimum TV), and Voice over IP (Optimum Voice) phone service (the eighth-largest telephone provider in the U.S.) through its Optimum brand name; as well as fiber-optic business class data and voice services across the New York area under the Lightpath brand. Altice USA is the successor to Cablevision Systems Corporation, and remains based at Cablevision's former headquarters in Bethpage, New York, which will become the operational headquarters for the company when its main headquarters is moved to One Court Square in Long Island City, Queens.
On September 17, 2015, Netherlands-based Altice NV announced its intention to acquire Cablevision from the Dolan family and other public shareholders for $17.7 billion. The deal was approved by the FCC on May 3, 2016 and after approval from various regional regulators such as New Jersey's Board of Public Utilities and the New York Public Service Commission, closed on June 21, 2016. Under the terms of the deal, Altice paid $34.90 in cash for each share in Cablevision and a 22% premium to the company's stock price; Altice also assumed Cablevision's debt. The Cablevision name has been retired, and the company is now known as Altice USA, with Optimum remaining the customer facing brand of the company.
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