Briefs
Optimum Passes 700,000 Mobile Lines
Cable ISP calls milestone a sign of momentum.
Fiber
Optimum Urges FCC to Fund Fiber
The company is seeking reimbursements for the shift from C-band to Ku-band.
Funding
Optimum Raises $500 Million as Debt Wall Looms
Looking to push lenders to the negotiating table, the company also moved its eastern footprint to a new subsidiary.
Broadband's Impact
USTelecom: Broadband Is Getting Faster and Cheaper
Gigabit subscriptions have grown fivefold since 2020 as network investment surge.
Earnings
Optimum Down 64,000 Broadband Subs
The company posted 52,000 new mobile lines in the first quarter, its best in the last six years
Copyright
Labels Drop Copyright Suits Against Verizon, Optimum After Cox Ruling
The music industry was seeking $2.6 billion from Verizon and $1.6 billion from Optimum.
Digital Inclusion
Lack of Data Makes Evaluating NY Affordability Law Difficult: Benton
The act went into effect a year ago, but participation rates are unclear.
Connecticut
Connecticut Law to Require Affordable Broadband for Eligible Households
The state’s new law, taking effect Oct. 1, will require a low-cost plan at $40 per month.
cable
Charter, Comcast Focused on Customer Service, Savings to Win Customers Back
Optimum also introduced low-priced plans at $25 per month for five years.
Earnings
Optimum Down 62,000 Subscribers, But Earnings Growth Returns
The network said it reached goals in fiber, mobile and video subscribers, while continuing to face debt challenges.
Infrastructure
Altice Settlement with West Virginia to Cost $44 Million in Internet Upgrades
Agreement resolves thousands of customer complaints about service
