ATUS Altice USA Inc

Lightpath has announced a significant expansion of its AI-grade network in Greater Columbus, Ohio, adding approximately 150 route miles of high-density fiber to support hyperscale data center and AI investments. This expansion, which more than doubles Lightpath's fiber footprint in the region, reinforces the company's commitment to delivering advanced network infrastructure for AI-driven workloads. Construction is underway, with completion expected between late 2026 and mid-2027, further solidifying Lightpath's presence in major U.S. markets.

Altice USA is changing its corporate name to Optimum Communications, Inc., effective November 7, 2025. The company will also change its NYSE ticker symbol from "ATUS" to "OPTU" starting November 19, 2025. This rebranding reflects the company's transformation and commitment to a unified brand identity under Optimum, emphasizing simplicity, performance, and purpose.

Optimum Communications (NYSE: ATUS) shares have stabilized recently after significant declines, with the company trading over 35% below intrinsic value estimates. Despite a challenging past with substantial negative shareholder returns, analysts believe bundling strategies could drive future profitability, pegging a fair value at $2.72. However, competitive and macroeconomic factors could still hinder this optimistic outlook.

Altice USA is facing significant challenges in retaining customers due to intense competition and a different business approach than other cable operators, leading to poor operating performance. While a new management team is slowly improving results, the company's substantial debt requires much faster progress. Analyst Michael Hodel has halved the fair value of Altice USA to $2, emphasizing the crucial need for improved operating metrics.

Altice USA is projecting a minimum of $100 million in incremental residential revenue growth for 2025 by implementing new pricing and product strategies. CEO Dennis Mathew outlined plans to enhance existing offerings, including mobile and fiber, and introduce higher-value services to drive this growth. The company aims to improve market share and stabilize broadband revenue after a period of customer losses.

A recent insider transaction at Altice USA saw Director Patrick Drahi sell US$39m worth of shares at US$24.50, significantly reducing his holding. While the sale price was well above current market value, no insider buying has occurred recently. Despite high insider ownership of 47%, the history of share sales suggests a cautious outlook for investors.