Altice USA | Jotup

Adeia Renews IP License Agreement with Altice USA

Retrieved on:

Tuesday, February 21, 2023

Altice USA, System, SAN, IP, Partnership, Advertising, OTT, Mobile phone, Altice, Adeia

SAN JOSE, Calif., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) ("Adeia" or the "Company"), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced that Altice USA (“Altice”), a leading provider of broadband, video, mobile, proprietary content and advertising services, signed an early renewal agreement extending their license to Adeia's media intellectual property (IP) portfolio, which supports Altice’s Optimum services, including their cable TV and over-the-top (OTT) streaming services.

Key Points:

“We are pleased to announce this early renewal, which extends our long term relationship with Altice.
“We are pleased to extend our long-term partnership with Adeia in support of Altice’s Optimum services,” said Yossi Benchetrit, chief procurement and programming officer at Altice.
This agreement supports the latest generation of video service technologies and it ensures that Altice meets the high expectations of its customers for content quality and intuitive navigation.
As an innovation incubator, Adeia has spent decades investing in advanced research and development to create market-leading technologies for the media and entertainment industry.

AMC Networks Names Kristin Dolan Chief Executive Officer

Retrieved on:

Wednesday, February 15, 2023

NEW YORK, Feb. 15, 2023 (GLOBE NEWSWIRE) -- AMC Networks (NASDAQ: AMCX) today announced that Kristin Dolan, a seasoned executive with more than 30 years of media and entertainment experience and a longtime AMC Networks board member, has been named chief executive officer, effective February 27, 2023.

Key Points:

NEW YORK, Feb. 15, 2023 (GLOBE NEWSWIRE) -- AMC Networks (NASDAQ: AMCX) today announced that Kristin Dolan, a seasoned executive with more than 30 years of media and entertainment experience and a longtime AMC Networks board member, has been named chief executive officer, effective February 27, 2023.
AMC Networks Interim Executive Chairman James L. Dolan said, “Kristin is a proven executive and operational leader with a track record driving organizational change, a history managing subscription-based businesses, and a deep understanding of audience engagement and advertising.
Prior to Cablevision, Ms. Dolan held various marketing roles at AMC Networks (then known as Rainbow Media), including in Affiliate Marketing and Distribution, where she began her career in 1989.
In addition to AMC Networks, Ms. Dolan also serves as a member of the Board of Directors for The Madison Square Garden Company (MSG), The Wendy’s Company (as well as on Wendy’s Audit and Tech Committees) and Revlon Inc. (on the Audit Committee).

Altice USA to Hold Conference Call to Discuss Q4 and Full Year 2022 Results

Retrieved on:

Wednesday, February 1, 2023

Technology, Mobile, Wireless, Internet, Telecommunications, Altice USA, Altice, CFO, NYSE, Cryptocurrency

Altice USA (NYSE: ATUS) will host a conference call on Wednesday, February 22, 2023 at 4:30 p.m.

Key Points:

Altice USA (NYSE: ATUS) will host a conference call on Wednesday, February 22, 2023 at 4:30 p.m.
ET to discuss financial and operating results for the fourth quarter and full year ended December 31, 2022.
Click here for a company-compiled summary of the consensus estimates for Altice USA results.
The presentation for the conference call will be made available prior to the call on the company’s investor relations website: https://investors.alticeusa.com .

Altice USA Announces Successful Pricing of New Term Loan

Retrieved on:

Thursday, December 15, 2022

Altice USA, Inc. (NYSE: ATUS) (Altice USA), today announces that its wholly owned subsidiary CSC Holdings, LLC (CSC) successfully priced and allocated a new $2 billion 5-year Senior Secured Term Loan B (the Senior Secured Term Loan B) under its existing credit agreement originally dated as of October 9, 2015, as amended, restated, modified or supplemented from time to time.

Key Points:

Altice USA, Inc. (NYSE: ATUS) (Altice USA), today announces that its wholly owned subsidiary CSC Holdings, LLC (CSC) successfully priced and allocated a new $2 billion 5-year Senior Secured Term Loan B (the Senior Secured Term Loan B) under its existing credit agreement originally dated as of October 9, 2015, as amended, restated, modified or supplemented from time to time.
The new Senior Secured Term Loan B will bear interest at a rate per annum equal to the Term SOFR rate plus a margin of 4.50% per annum.
Altice USA also offers hyper-local, national, international and business news through its News 12, Cheddar News and i24NEWS networks.
Altice USA specifically disclaims any obligation to publicly update or revise any forward-looking statement, as of any future date.

Lightpath Announces Major New York Metro Network Expansion, Adding 300+ Route Miles of Fiber

Retrieved on:

Tuesday, December 13, 2022

NEW YORK, Dec. 13, 2022 /PRNewswire/ -- Lightpath, an all-fiber, infrastructure-based connectivity provider revolutionizing how organizations connect to their digital destinations, today announced a series of significant network expansions across the New York Metro region, in total adding over 300 route miles to Lightpath's already dense network in the area. These latest expansions were driven by the 5G network rollout of a major wireless provider, and will also serve thousands of additional enterprise, education, and government customers.

Key Points:

Major wireless carrier is catalyst to expand Lightpath's already dense network in NY region by 300+ miles of new fiber.
Manhattan alone will see over 50 route miles of new network, including express fiber routes up and down the borough.
"5G wireless network deployments require incredibly dense fiber networks to backhaul and aggregate the massive bandwidths that they support.
Expanding our fiber footprint in New York Metro to accommodate 5G is going to bring our network to thousands of new organizations," explained Chris Morley, CEO of Lightpath.

Altice USA Concludes Its Review of Strategic Alternatives for Suddenlink Business

Retrieved on:

Thursday, December 1, 2022

Networks, Internet, Other Technology, Technology, Telecommunications, Advertising, Altice USA, Annual report, Altice, News, NYSE, ATUS, Sale, Cheddar (TV channel), A4, Suddenlink Communications

Altice USA, Inc. (NYSE: ATUS) announces today that it has concluded its previously announced review of strategic alternatives for its Suddenlink business.

Key Points:

Altice USA, Inc. (NYSE: ATUS) announces today that it has concluded its previously announced review of strategic alternatives for its Suddenlink business.
Following this evaluation, the Board of Directors has unanimously determined that continuing to operate Suddenlink and pursuing the Companys long-term business plan represents the best path forward for Altice USA and its stockholders.
Altice USA also offers hyper-local, national, international and business news through its News 12, Cheddar News and i24NEWS networks.
Altice USA specifically disclaims any obligation to publicly update or revise any forward-looking statement, as of any future date.

Lightpath Announces Addition of Inge Smidts, John Ghirardelli, and Nick Brown to its Board of Managers

Retrieved on:

Tuesday, November 29, 2022

Lightpath announces the addition of Inge Smidts, John Ghirardelli, and Nick Brown to its Board of Managers.

Key Points:

Lightpath announces the addition of Inge Smidts, John Ghirardelli, and Nick Brown to its Board of Managers.
Ms. Smidts brings to Lightpath more than 20 years of senior leadership including more than 12 years of experience within the communications industry.
Mr. Ghirardelli brings to Lightpath nearly 20 years of experience in communications, digital infrastructure, and private equity.
"Inge, John, and Nick represent great additions to Lightpath's Board of Managers, given their deep experience, knowledge, and successful track record in the communications industry," said Chris Morley, Chief Executive Officer of Lightpath.

Cable Companies Losing Their Grip on Home Internet Market

Retrieved on:

Tuesday, November 15, 2022

The offering has upended the broadband market and led to unprecedented growth for T-Mobile and Verizon at the expense of cable companies Comcast, Charter and Altice USA.

Key Points:

The offering has upended the broadband market and led to unprecedented growth for T-Mobile and Verizon at the expense of cable companies Comcast, Charter and Altice USA.
According to a new report from CoBanks Knowledge Exchange , the wireless companies are offering FWA in markets where they have excess network capacity.
That means internet service providers in smaller markets could be exposed to competitive threats from T-Mobile and Verizon.
The cable companies have acknowledged the threat and responded with aggressive pricing of their own.

Lightpath Announces GRESB Score of 96 and 5-Star Rating

Retrieved on:

Wednesday, November 16, 2022

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NEW YORK, Nov. 16, 2022 /PRNewswire/ -- Lightpath, an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, received a 5-Star Rating and a score of 96 on the 2022 GRESB Infrastructure Asset Benchmark Report. The score placed Lightpath first among all participating private data transmission companies in the data infrastructure sector in the Americas.

Key Points:

The score placed Lightpath first among all participating private data transmission companies in the data infrastructure sector in the Americas.
GRESB (the Global Real Estate Sustainability Benchmark) recognizes Lightpath with a score of 96 and a 5-Star rating.
In the 2022 report, Lightpath achieved a GRESB score of 96 out of a possible 100.
"Lightpath's initial GRESB assessment and score of 96 represents the importance that our Board and our management team place on ESG objectives.

LIGHTPATH ENTERS THE MIAMI CONNECTIVITY MARKET WITH 135-MILE ALL-FIBER NETWORK THROUGHOUT REGION

Retrieved on:

Wednesday, November 2, 2022

NEW YORK and MIAMI, Nov. 2, 2022 /PRNewswire/ -- Lightpath, an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, today announced its entrance into the Miami market for fiber connectivity solutions with a 135-mile, all-fiber network throughout the Miami Metro region. Miami marks the second major east coast market that Lightpath has entered over the past 16 months, following Boston in June of 2021.

Key Points:

NEW YORK and MIAMI, Nov. 2, 2022 /PRNewswire/ -- Lightpath , an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, today announced its entrance into the Miami market for fiber connectivity solutions with a 135-mile, all-fiber network throughout the Miami Metro region.
Miami marks the second major east coast market that Lightpath has entered over the past 16 months, following Boston in June of 2021.
Subsequent planned network expansions (red on map) will blanket the entire metro region with an additional 80 route miles of fiber.
Miami area customers also have access to the entire Lightpath network, consisting of over 20,000 route miles of fiber providing access to over 13,500 service locations.