Optimum Communications, Inc. (NYSE: OPTU) is one of the largest broadband communications and video services providers in the United States, delivering broadband, video, telephony, and mobile services to approximately 4.2 million residential and business customers across 21 states through its Optimum brand. The company operates Optimum Media, an advanced advertising and data business providing audience-based, multiscreen advertising solutions to local, regional, and national businesses. It also operates News 12, a hyperlocal news content provider. Through its Lightpath subsidiary, Optimum provides enterprise fiber and AI-grade infrastructure services, including connectivity to hyperscale data center campuses. The company is aggressively expanding its fiber-to-the-home (FTTH) footprint and growing its mobile service as a convergence play bundled with broadband. The company carries significant debt, with consolidated net leverage of 8.0x on an L2QA basis. Updated
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Wednesday's top analyst upgrades and downgrades included Altice USA, Boeing, Dynavax, EnLink Midstream, FedEx, Hasbro, Meta Platforms, Micron Technology, Snap and TransDigm.
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Optimum Communications, Inc. (NYSE: OPTU) is one of the largest broadband communications and video services providers in the United States, delivering broadband, video, telephony, and mobile services to approximately 4.2 million residential and business customers across 21 states through its Optimum brand.
