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Optimum is an American telecommunications brand owned and operated by Altice USA. [1] It is the fourth-largest cable provider in the United States and a Fortune 500 company. Optimum offers Internet, television, mobile and home phone services in 21 states.
Under the terms of the deal, Altice paid $34.90 in cash for each share in Cablevision and a 22% premium to the company's stock price; Altice also assumed Cablevision's debt. [ 21 ] In May 2017, Altice USA announced its intention to rebrand its Suddenlink and Cablevision properties under the Altice name by the end of the second quarter of 2018.
Cablevision also offered high-speed Internet connections (Optimum Online), digital cable (Optimum TV/IO Digital Cable), and VoIP (Optimum Voice) phone service (the eighth-largest telephone provider in the U.S.) [4] through its Optimum brand name.
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Suddenlink was an American telecommunications subsidiary of Altice USA trading in cable television, broadband, IP telephony, home security, and advertising.Prior to its acquisition by Altice, the company was the seventh largest cable operator with 1.5 million residential and 90,000 business subscribers.
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