Marguerite Reardon started as a CNET News reporter in 2004, covering cellphone services, broadband, citywide Wi-Fi, the Net neutrality debate and the consolidation of the phone companies. Cable ...
Shares of telecommunications and cable services provider Altice USA (NYSE:ATUS) jumped 3.7% in the afternoon session after Federal Reserve Chair Jerome Powell signaled the central bank may cut ...
European telecoms giant Altice has been looking to divest Teads to help pare down its substantial debt load.
Altice USA (market cap: $1.23 billion) reported first-quarter 2025 earnings that fell short of Wall Street expectations, with an actual EPS of -$0.16 compared to the forecasted -$0.08. Revenue also ...
Stock is down over 90% from 2021 peak. Market cap is already a tiny sliver of the capital structure. Controlling shareholder Drahi could buy out public shareholders for less than half a turn of EBITDA ...
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