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MarketScreener Homepage  >  Equities  >  Nyse  >  Altice USA Inc    ATUS

ALTICE USA INC

(ATUS)
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Altice : USA unveils new 3.5GHz test plans

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08/17/2018 | 07:07am EDT

Altice USA – which owns US cable duo Cablevision and Suddenlink – has applied for Federal Communications Commission (FCC) approval to stage small cell tests using 3.5GHz Citizens Broadband Radio Service (CBRS) spectrum in Jonesboro, Arkansas and Deer Park, New York. The trials will commence on 1 September 2018 and run until 28 February 2019.

Altice was previously permitted to stage wireless tests using 3650MHz-3700MHz spectrum in Bethpage, New York. That trial commenced on 1 August and will run to 30 January 2019.

TeleGeography notes that Altice USA intends to enter the wireless sector in 2019, when it will launch a Full MVNO using the Sprint network.

(c) 2002-2018 PriMetrica, Inc. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

Stocks mentioned in the article
ChangeLast1st jan.
ALTICE EUROPE 0.56% 2.891 Delayed Quote.70.16%
ALTICE USA INC 0.59% 23.8 Delayed Quote.44.07%
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Financials ($)
Sales 2019 9 842 M
EBIT 2019 1 971 M
Net income 2019 331 M
Debt 2019 22 158 M
Yield 2019 -
P/E ratio 2019 49,09
P/E ratio 2020 23,41
EV / Sales 2019 3,95x
EV / Sales 2020 3,80x
Capitalization 16 680 M
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Number of Analysts 28
Average target price 27,9 $
Spread / Average Target 13%
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Managers
NameTitle
Dexter G. Goei Chief Executive Officer & Director
Charles F. Stewart Co-President, Chief Financial Officer & Director
Abdelhakim Boubazine Co-President & Chief Operating Officer
Patrick Drahi Chairman
Philippe Le May Chief Technology Officer
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