Optimum Communications, Inc. (OPTU) News
Latest headlines that mention OPTU, newest first · each headline opens the original publisher
- Last price
- $0.90
- Day change
- -5.81%
- Next earnings
- 2026-11-05
OPTU headlines
latest coverageCreditors to Optimum Communications Inc. are suing the telecommunications company, demanding it unwinds transfers they claim siphoned away value out of their reach and into the pockets of insiders, including controlling shareholder Patrick Drahi.
Mobile lines surged 50,000 while broadband losses narrowed, offsetting revenue decline.
Optimum Communications transfers its most valuable US pay-TV and broadband assets out of reach
Optimum Communications Inc., formerly known as Altice USA, is negotiating a new financing deal that could dilute the collateral backing its existing debt, potentially escalating a feud with a group of creditors it sued last year.
Image source: The Motley Fool. Thursday, May 7, 2026 at 8:30 a.m. ET Optimum Communications (NYSE:OPTU) highlighted deliberate shifts in strategy in response to severe competitive pressures, reporting subscriber losses in broadband offset by record mobile additions and…
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