Thread regarding Altice USA (Cablevision) layoffs

Look at the big picture what do you think this is

1. Ponzi Scheme

2. Aggressive Build and implementation of Ftth

@PIDGq5h-1mez

I agree.

Altice stock closed at $24.58 today resulting in a 12% drop for the week!

We already know that they are all about money and at this very moment, they're losing a heap of it.

@PIDGq5h-1mez "at some point Altice's business model will implode. Altice's excessively aggressive pursuit of deep cost cuts leads to a meaner and not a leaner or more efficient and innovative organization. It increases cash flow to pay down debt in the shorter term but results in a loss of competitiveness and hence a declining customer base and falling revenues as well as demotivated employees and contractors who feel they have been cheated. This model is not ultimately sustainable."

source:https://seekingalpha.com/article/3994146-altices-business-model-will-implode-sooner-later

Not all of US ,, but for the most part it will be a skeleton crew at best covering a wide area !

Those will always exist, and are a huge minority in comparison.

I don't have an opinion that's strong enough to either side, but the lack of training and union talks isn't necessarily a part of this discussion.

Again, it's expensive and it's going to be awhile before we get there. It's expensive and it's going to be awhile before anyone gets to full duplex 3.1. And again, it's pretty damn obvious they're only putting fiber where demand and competition make sense. They're going to go 3.1 in most, if not all Altice West systems based purely on density and lack of competition.

Everyone knows (or should know) the return on investment is when the task is completed. Even if it takes ten years (or even fifteen!), when it is all done they'll barely need people in the customer facing environment. Crews will go to practically nothing because even 10 people can handle the volume of 50k subs when you're just talking about a single fiber link and a single box. Tear downs and standby will be the only thing necessary and I'm sure by that time most splicing will be contracted out along with installs. While 'Altice 1' or whatever they want to call it may seem silly and stupid now, by the time fiber is implemented it'll actually be a neat piece of tech that will eliminate issues and positions. And that's with me being biased and disliking the sh-- out of this company sometimes.

I know we love to hate them, but the business sense regarding maximizing fiber, minimizing potential issues and creating an environment where the customer can be the tech and replace it themselves is what's going to put us all out. Be as upset about whatever issue you're facing today, as long as you understand tomorrow when the dust settles is what you need to be focusing on.

It's a sh?t Show sad we tried to tell you and you put your trust in a company that doesn't deserve it but you can do something about it or B--ch and getting nothing done

Light Up !!??? Gonna be no Subs left between the crappy service and the rate hikes !!! And that Old A-- giant sized Le Box outdated crap

Yeah this fiber is cheap crap. No armor jacket, flimsy fiberglass strength member molded into the jacket. This fiber isnt made to be for aerial use. Training is basically non existent, they throw you out on your own after a couple of weeks of having some amateur field service kid showing you stuff. They pressure the hell out of these kids every day for volume. These workers are miserable. Wouldnt be so bad of they backed off a bit and let you take your time to do quality work. But they want numbers and homes passed. So these guys are rushing. I predict alot of problems once they light it up.

Not to mention there fiber is already being damaged by techs an squirrels. Good luck when they go to light it up. I bet half is damaged at this point. They are using fiber with no protection in easement sections on l.i.

Don’t forget the Fiber comes from overseas which is owned by Altice Labs !!! So it’s not super expensive!!! If they would stop being so damn cheap and pay a good rate Contractors would be 3 times faster then in house Techs ... then maybe the rest of the plant wouldn’t be falling apart !!!

Stand corrected .. The fiber is beyond cheap strength rating of 250 good fiber of 650 to 750 ... no connectors straight splice with no head ends hooked up around here yet ??? So this scam won’t last ,,,

There's no way they complete the entire footprint with this. It's too cost prohibative. Only selected parts will get it I predict like Verizon did with FIOS. Why would they, for example, run new expensive fiber though the sticks and farmlands where there's barely many customers to start with let alone make a return on investment?

"Expensive is expensive, and it's all going to be a long time coming."

That statement is exactly why I believe they will not complete this project as planned.

• "Cable group Altice could be facing a bill of nearly $9.6 billion to connect the premises in its footprint to a fiber-to-the-home (FTTH) network, according to calculations based on data from broadband equipment vendor Adtran." source: http://www.lightreading.com/gigabit/fttx/altice-ftth-bill-could-hit-almost-$96b-in-us/d/d-id/728701

• Additionally, Altice stock has hit an all-time low today. That's certainly not a good look for them.

• How long before Altice sees a return on such an investment?

• What will Dexter be doing meanwhile their competitors are reaping the reward of DOCSIS 3.1?

The 5 year plan has been understood to be obviously underestimated in terms of the time table. The other thing to consider with 3.1 is the absolute need for a mid split or high split 1 gig system, let alone that it cannot reach viability unless you're talking N+1 to (maybe) N+2 architecture.

Regardless, you're replacing every amplifier in your system and adding a hell of a lot of fiber miles to new nodes and minimizing cascade counts. It's atrociously expensive either way and will take a full decade to completely build most major systems to reach that mark.

I'm not knocking Altice for trying FTTx or saying it's naive not to just follow the rest of the industry. Expensive is expensive, and it's all going to be a long time coming.