Optimum moves East footprint and Lightpath into new subsidiary

Optimum’s latest transactions show a structural step in its debt-reduction plan, with both the East footprint and Lightpath now housed in a new subsidiary. That matters because asset and unit transfers can change how a cable operator organizes liabilities and operating pieces while it works through financing pressure. For StreamingMeme readers, the key signal is whether Optimum pairs this reorganization with additional debt-trimming transactions or other balance-sheet moves. The article specifically points to a broader plan to reduce debt, but does not detail the next step.