Home Communication Services Altice USA: Business And Balance Sheet Challenges Set To Persist Nov. 03, 2023 11:06 AM ETAltice USA, Inc. (ATUS)CABO, CHTR, CMCSA, TMUS, VZ11 Comments Blue Chip Portfolios profile picture Blue Chip Portfolios .. — read more
Nov 1st Earnings Call
It will be interesting to see how much honey they try to cover this tu-d with on the call.
YAY 😀 2.68 a share
PD will understand now what he did LOSER
It's Going to be sold within a few weeks
https://www.bloomberg.com/news/features/2023-10-24/altice-billionaire-drahi-s-empire-in-turmoil-on-debt-corruption-scandal#xj4y7vzkg
Altices best bet is to probably partner with charter or comcast
Customers deserve a better fiber roll out and customer service base. I hear all the time that when they call they cant get the right info , get hung up on, etc.
Closing in on AUSA! It's all going to come out
https://www.brytfmonline.com/altice-patrick-drahi-was-warned-about-armando-pereira-in-2017-communications/
Choose COBRA by when?
Hey folks! Any idea when we need to decide about COBRA and when our benefits will cease?
Altice Employees Raised Red Flags Years Before Corruption Probe Executives had been informed about problems linked to loose governanc
https://www.bloomberg.com/news/articles/2023-10-16/billionaire-drahi-s-altice-workers-warned-of-corruption-before-portugal-probe
How is Altice functioning?
60 billion in debt accrues 100s of millions of dollars in interest debt. Its amazing how Altice is able to function. Speculations are they would partner or sell some or all of there systems between charter and comcast
Executive removal
2 heavy hitters in the East didn't see that coming.
Company sold?
I heard just the other day that we are no longer allowed to order Optimum branded apparel. Is this true? Did they quietly sell? A lot of changes happening recently kinda seems like it's a real possibility.
ATUS $2.91? What's next, the pink sheets?
And no dividend either. This is bad and getting worse!
No future here
It's becoming pretty obvious to everyone that you can't rely on anything long term at Altice anymore. The higher-ups have concluded that layoffs are the go-to solution for all the issues piling up and knowing that that approach never really fixes... — read more
Don't think it's done
If this round proved anything, it's that nobody is safe and layoffs can happen at any moment. Sad but true.
THEY DID IT AGAIN!!!!!!!!!!!!!!!
News 12 hit hard Monday with 40 more people Laid Off!!! Absolutely Disgusting 🤮 They state heavy financial issues. How much longer will this show last
Warehouse Back Order
With the supply scandal going on, are the Altice East systems experiencing supplies on back order? Everything from amps, power supplies, and above have been on back order since freakin May. Just waiting to fix outages with bubble gum and bailing wire — read more
United States, Sotheby's, Germany, SFR… the Armando Pereira affair extends to the entire Drahi empire
United States, Sotheby's, Germany, SFR… the Armando Pereira affair extends to the entire Drahi empire Continuation of our investigation into Armando Pereira. Far from limiting himself to Portugal, the manager indicted for corruption placed his... — read more
Tech Network Inc..the new Excel?
Alot of guys jumping over to Tech Network Inc...is this Altices new phantom company now that Fraud Inc (Excel) is being disolved? Wouldnt surprise me..Altice is full of schemes.
Bye bye Excell
All techs told they have enough work for a couple weeks and it’s over. They lost their contact with Altice.
Take your surveys!
Scores for some are terribly DOWN in the south. Some fell much SHORTER than others. Big D does not want his managers to be hated!
Good break down
https://www.washingtonpost.com/business/2023/08/04/the-corruption-probe-rocking-altice-billionaire-s-drahi-s-telecoms-empire/53315680-32c8-11ee-85dd-5c3c97d6acda_story.html
Why would a company acquire the debt of the other company to acquire it
Acquiring the debt of another company to acquire them can be a strategic move for several reasons: Lower purchase price: Acquiring debt may allow the acquiring company to negotiate a lower purchase price for the target company, as the target's... — read more
OMS Areas and Regions
Basically going to go back to the way it was before the geniuses from Altice got their hands on it, at least that’s how it was in the SL markets. I’ll believe it when I see it. The micromanaging ego maniacs are incapable of this kind of structure. ... — read more
Altice Cable TV Orders Another Round of Layoffs For Cheddar News, Hinting The End May Be Nigh For The YouTube Channel
https://cordcuttersnews.com/altice-orders-another-round-of-layoffs-for-cheddar-news-hinting-the-end-may-be-nigh-for-the-youtube-channel/
https://www.businesstimes.com.sg/companies-markets/drahis-telecom-empire-wrestles-corruption-probe-fallout
"The fallout from the Portuguese investigation has thrown Altice’s supply chain into a state of upheaval as the company untangles and reorganises relationships with vendors of equipment and services, according to people familiar with the situation... — read more
Check this out…..
https://www.reuters.com/business/media-telecom/altice-co-founder-detained-portuguese-corruption-probe-media-2023-07-14/
Field service technician
Is 20 an hour normal starting pay in nj? How’s work as a field tech for this company?
D2d sales
Residental Direct Sales here. How long do I have until I get laid off you guys think?
Stock down about 95% in a couple of years.
You read that right. About 95% in a couple of years. Well, at least it pays a good dividend. Oh wait, this dog doesn't pay a dividend. 🤣🤣🤣🤣 I have to laugh otherwise I'd cry.
This 2nd new wave of “leaders” is worse than the first
I didn’t think it could get worse. They spent everyone’s raises on these new people and they’re panicking to prove something. To keep the huge salaries and perks. Breaking down the little things we do have working. Maybe drahi told them to make it... — read more
Bk OSP
Any info to be had on the New NYC OSP director?????
New FS DRCTR
so does the new FS director help or hurt......ex cablevision employee booked when AUSA came in town and now he's back as everyone's boss. Do things get better from here?!?!