Optimum’s broadband losses outpaced gains in mobile lines
Optimum, a brand of Altice USA, reported exceeding expectations for broadband subscriber losses in Q1, while simultaneously achieving gains in mobile lines. The overall Q1 figures indicate that broadband subscriber declines outpaced the growth observed in its mobile services.
Key Takeaways
- Optimum reported broadband subscriber losses in Q1 that were larger than expected.
- The company also posted a solid gain in mobile lines during the quarter.
- Altice USA’s Optimum brand showed broadband declines outpacing mobile growth in the same period.
Why It Matters
Optimum’s Q1 shows a clear split between its legacy broadband base and its newer mobile offering: mobile line gains did not offset the larger-than-expected broadband losses. For Altice USA, that means the broadband line remains the bigger pressure point in the quarter’s subscriber mix. The article does not give the exact subscriber counts, so the key number to watch next is whether future quarters show broadband losses narrowing enough for mobile growth to matter more in the total subscriber trend.
Read full article at lightreading.com
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