Altice USA Files 2024 10-K
Ticker: OPTU · Form: 10-K · Filed: Feb 13, 2025 · CIK: 1702780
| Field | Detail |
|---|---|
| Company | Altice USA, Inc. (OPTU) |
| Form Type | 10-K |
| Filed Date | Feb 13, 2025 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, annual-report, financials, debt
TL;DR
Altice USA 2024 10-K is in. Check financials & debt.
AI Summary
Altice USA, Inc. filed its 2024 10-K on February 13, 2025, reporting on its fiscal year ending December 31, 2024. The filing details the company's financial performance and operational status, including its property, plant, and equipment, as well as its long-term debt. Key financial data and disclosures relevant to investors are presented for the fiscal year 2024.
Why It Matters
This filing provides a comprehensive overview of Altice USA's financial health and operational standing for the 2024 fiscal year, crucial for investors assessing the company's performance and future prospects.
Risk Assessment
Risk Level: medium — The filing is a standard annual report and does not inherently indicate new or elevated risks.
Key Numbers
- 2024 — Fiscal Year (The period covered by the 10-K filing.)
- 134 — Public Document Count (Indicates the volume of documents associated with this filing.)
- 0001702780 — Central Index Key (Unique identifier for Altice USA, Inc. in SEC filings.)
Key Players & Entities
- Altice USA, Inc. (company) — Filer of the 10-K report
- 2024-12-31 (date) — Fiscal year end date
- 2025-02-13 (date) — Filing date of the 10-K
- LONG ISLAND CITY, NY (location) — Company's business and mail address
FAQ
What was Altice USA's total revenue for the fiscal year ending December 31, 2024?
The provided text does not contain specific revenue figures for the fiscal year ending December 31, 2024.
What is the total amount of long-term debt reported by Altice USA as of December 31, 2024?
The filing mentions 'LongTermDebtCurrent' and 'LongTermDebtNoncurrent' but does not provide specific dollar amounts in the provided text.
What were the 'Restructuring and Other Operating Items' for Altice USA in 2024?
The filing references a URL for 'RestructuringAndOtherOperatingItems' but does not detail the specific amounts or nature of these items in the provided text.
What is the reported net value of Altice USA's 'Property, Plant and Equipment' as of December 31, 2024?
The filing references 'PropertyPlantAndEquipmentNet' but does not provide the specific net value in the provided text.
When was the 10-K filing for Altice USA officially filed with the SEC?
The 10-K filing for Altice USA was filed on February 13, 2025.
Filing Stats: 4,389 words · 18 min read · ~15 pages · Grade level 13.9 · Accepted 2025-02-13 17:29:28
Key Financial Figures
- $0.01 — stered Class A Common Stock, par value $0.01 per share ATUS NYSE Number of shares
Filing Documents
- atus-20241231.htm (10-K) — 3277KB
- exhibit10-20lightpathincre.htm (EX-10.20) — 1694KB
- exhibit10-21lightpathrefin.htm (EX-10.21) — 5352KB
- exhibit1041schmidtagreement.htm (EX-10.41) — 164KB
- exhibit19insidertradingpol.htm (EX-19) — 70KB
- dec312024exhibit21.htm (EX-21) — 119KB
- adec312024ex231consentofkp.htm (EX-23.1) — 2KB
- a10-kdec312024exhibit311.htm (EX-31.1) — 11KB
- a10-kdec312024exhibit312.htm (EX-31.2) — 11KB
- a10-kdec312024exhibit32.htm (EX-32) — 10KB
- atus-20241231_g1.jpg (GRAPHIC) — 16KB
- atus-20241231_g2.jpg (GRAPHIC) — 36KB
- image_0.jpg (GRAPHIC) — 5KB
- image_1.jpg (GRAPHIC) — 6KB
- 0001628280-25-005486.txt ( ) — 27784KB
- atus-20241231.xsd (EX-101.SCH) — 159KB
- atus-20241231_cal.xml (EX-101.CAL) — 125KB
- atus-20241231_def.xml (EX-101.DEF) — 1352KB
- atus-20241231_lab.xml (EX-101.LAB) — 1575KB
- atus-20241231_pre.xml (EX-101.PRE) — 1641KB
- atus-20241231_htm.xml (XML) — 2669KB
Business
Item 1. Business Altice USA, Inc. ("Altice USA," "we" or the "Company") was incorporated in Delaware on September 14, 2015. We are controlled by Patrick Drahi through Next Alt. S..r.l. ("Next Alt"), who also controls Altice Group Lux S..r.l., formerly Altice Europe N.V. ("Altice Europe") and its subsidiaries and other entities. Altice USA is a holding company that does not conduct any business operations of its own. Altice Europe, through a subsidiary, acquired Cequel Corporation ("Cequel") on December 21, 2015 (the "Cequel Acquisition") and Cequel was contributed to Altice USA on June 9, 2016. Altice USA acquired Cablevision Systems Corporation ("Cablevision") on June 21, 2016 (the "Cablevision Acquisition"). We principally provide broadband communications and video services in the United States and market our services under the Optimum brand. We deliver broadband, video, telephony and mobile services to approximately 4.6 million residential and business customers across our footprint. Our footprint extends across 21 states (primarily in the New York metropolitan area and various markets in the south-central United States) through a fiber-rich hybrid-fiber coaxial ("HFC") broadband network and a fiber-to-the-home ("FTTH") network with approximately 9.8 million total passings as of December 31, 2024. Additionally, we offer news programming and advertising services. Our ongoing FTTH network build has enabled us to deliver multi-gig broadband speeds to meet the growing data needs of residential and business customers. Concurrent to our FTTH network deployment, we also continue to upgrade our existing HFC network through the deployment of digital and expansion of Data Over Cable Service Interface Specification ("DOCSIS") 3.1 technology in order to roll out enhanced broadband services to customers. Currently we make available 1 Gbps broadband services in most of our HFC footprint and up to 8 Gbps symmetrical speeds in our FTTH footprint, which provide a connectivity