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
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PD tried to sell the Suddenlink markets last year and that was supposed to help pay down down debt and buy him some time but none of the offers were accepted. Now he is stuck with systems from coast to coast that have been driven into the ground that probably would not fetch what he paid for them 8 years ago, while shedding subscribers at an unprecedented rate. Altice is not functioning, they are panicking because they are finally beginning to see there is no way out of this disaster they created for themselves. For years PD used debt to acquire and run his properties and like a fool he thought he could continue to do that indefinitely. He proclaims himself a financial genius but in reality he has the same mentality of people who live paycheck to paycheck and max out their credit cards, he has done the same thing but on a much larger scale. They guy is nothing more than a con man and a bull$hit artist.
By this time next year Altice USA will be no more.