The company does not know whats its doing they came in 9 years ago and ran the business into the ground the least they could do is sell it to a company like charter who can put value back in it This would be a smart move by Altice otherwise they will go belly up
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That’ll never happen OP.Charters in even more debt than Altice(basically 10x or there abouts)They took on the inflated Lakers and Dodgers contracts.Not too mention that the DOJ will probably never pass it(Charter being the #2 coax provider and us being #4)
There’s a better chance Direct buys Dish(which they are attempting again supposedly)
I don’t think there is an MSO that would touch any Optimum properties at this point. A few years ago PD tried to sell the Suddenlink markets but no one was interested due to the fact those properties had been run into the ground and he was wanting almost twice what he paid for them and after almost a decade of being a dumpster fire with customers I’m not sure who would want to take on the burden of undoing the damage these clowns have done. The smooth talking PD who had the financial world enamored less than a decade ago has definitely lost his charm. Frankly I’ll never understand what the he-l Wall Street or any Investor saw in this guy. The very first time I saw him and heard him speak I said…”This guy is nothing but a street hu----r in a $10,000.00 suite, a con artist.” This company is rotting from the very top down.