Altice USA’s share price on Wall Street is down more than 55% so far this year — including nearly 5% on Tuesday. And the cable operator has lost nearly 87,000 home broadband customers through the first three quarters of 2023 as T-Mobile and Verizon have jointly added around 2.7 million fixed wireless access subscribers.
But speaking at a UBS TMT conference Monday, Altice’s (relatively) new CEO, Dennis Mathew, said his struggling cable company is beginning to compete more effectively against FWA for customers.
