Altice USA plans to invest in the US by building a next-generation fiber-to-the-home network capable of delivering broadband speeds of up to 10 Gbps across its footprint, the company said.
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. This full-scale initiative reflects Altice´s investment in technology and innovation across the globe and reinforces its commitment to its Optimum and Suddenlink residential and business customers in the US
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.
Altice USA, a subsidiary of Altice Group (Euronext: ATC, ATCB), delivers residential and business services to 4.6 million customers across 20 states.