Monday, February 21, 2022

Altice USA Close to New T-Mo MVNO Deal

By J. Sharpe Smith, Inside Towers Technology EditorDexter Goei, company CEO, said the Altice USA (NYSE: ATUS) is near an MVNO agreement with T-Mobile, when questioned about the future wireless strategy of the cable company during a recent earnings call. “We are on the 1-yard line, even though football season is over, to talk about announcing a new agreement with T-Mo,” he said.

Craig Moffett, principal analyst, MoffettNathanson, noted that while wireless is a “large part” of the other cable companies’ business, Altice USA had a lot of “fits and starts” in that area. He asked Goei why the investment community should be “confident” it will accelerate its wireless strategy. Goei responded that Altice USA has been “clear that wireless is very important to our strategy.” Continue Reading

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