Wednesday, October 11, 2017

Altice no different from Comcast or Charter, despite promise to transform U.S. cable business, analyst contends

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Introducing coverage of Altice USA by his firm with a “neutral” rating, MoffettNathanson analyst Craig Moffett said the company has driven down per-subscriber operating expenses not related to pay-TV programming by around 20%. But in a rather Debbie Downer report to investors, Moffett described Altice’s original goals of U.S. cable conquest as sinking off the pier. http://ift.tt/2y80L34 Daniel Frankel


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