Altice USA Unveils Full-Scale Fiber-to-the-Home Network Investment Plan
Altice USA, a subsidiary of Altice N.V., a leading global telecommunications, media and entertainment company, plans to invest further in the U.S. by building a next-generation fiber-to-the-home network capable of delivering broadband speeds of up to 10 Gbps across its footprint. Altice USA will extend fiber deeper into its existing hybrid fiber coax (HFC) network and leverage cutting-edge and proprietary technologies developed by Altice Labs, the company’s global research and development arm, to create its state-of-the-art system.
Altice USA is the first major U.S. cable provider to announce a large-scale fiber deployment plan for its footprint. Altice USA is a subsidiary of Altice N.V., a leading global telecommunications, media and entertainment company.
“Across the globe Altice has invested heavily in building state-of-the-art fiber-optic networks, and we are pleased to bring our expertise stateside to drive fiber deeper into our infrastructure for the benefit of our U.S. Optimum and Suddenlink customers,” said Dexter Goei, Altice USA Chairman and Chief Executive Officer. “Today, we have a best-in-class network with incredibly fast speeds and quality service, and by taking immediate steps to create the fastest next-generation network, we will be positioned to support our customers’ needs well into the future. Altice USA’s ‘Generation GigaSpeed’ underscores our promise to accelerate investment in our network, sets the foundation for the delivery of next-generation services and enhancements for our customers, and is a testimony to the bright future of the U.S. telecommunications industry.”
The company’s five-year deployment schedule will begin in 2017, and the company expects to reach all of its Optimum footprint and most of its Suddenlink footprint during that timeframe. Initial rollout markets will be announced in the coming months. In addition to delivering a superior customer experience for the long term, the new architecture will result in a more efficient and robust network with a significant reduction in energy consumption. Altice expects to reinvest efficiency savings to support the buildout without a material change in its overall capital budget.
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