Thread regarding Altice USA (Cablevision) layoffs

Anyone find it ironic that NV/USA split happening same time as the NJ psc agreement?

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Post ID: @OP+T5poMC7

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That’s complete bs. ATS techs were listed as contractors and Unions still recruited them.

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Post ID: @6xwx+T5poMC7

the split was to keep "in house" techs else where from going union.now that they are "contractors",a union wont recruit them,as apparently anything with the word "contractor" attached to it,is dorty and beneath them.

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Post ID: @6fsw+T5poMC7

I dunno, that new blonde is easy on the eyes

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Post ID: @1yxp+T5poMC7

News 12 is unwatchable as of late !!! Looks so so cheap and all the cuts are starting to show !!!

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Post ID: @1tza+T5poMC7

anyone care news12 is going down the toilet?

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Post ID: @1zyh+T5poMC7

Here you go Einstein...

May 9, 2018 8:41 pm by Jessica Dye in New York

Cable operator Altice USA reported a widening loss despite an uptick in advertising revenue, ahead of its expected spin-off from its European parent company, Patrick Drahi’s Altice NV.

The company said on Wednesday that revenue increased 1.2 per cent year-on-year to $2.33bn in the three months to the end of March, with residential revenue up 0.6 per cent, business services revenue sales growing 4.3 per cent and advertising revenue increasing 5.1 per cent.

Altice said that residential revenue growth was slowed by a dispute with cable channel Starz as well as multiple storms that disrupted its Optimum service. Ad sales, meanwhile, benefited from its investment in technologies for multi-screen and national targeted audience capabilities.

The company’s net loss widened from $76.18m a year ago to $128.9m, or 17 cents a share.

Altice USA, which made its public debut last year, is preparing to be spun off from its parent company later this year. Shareholders of its parent are set to vote on the split later this month, with the proposed transaction set to be completed in June, Altice said on Wednesday.

Altice shares are down 20.75 per cent so far in 2018.

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Post ID: @uvi+T5poMC7

hate to break it to you but we were picked up by AUSA back in March

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Post ID: @oqi+T5poMC7

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