European-based cable operator, Altice announced plans to invest further 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 the fourth largest cable company in the US said that it will extend fiber deeper into its existing hybrid fiber coax (HFC) network. 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 U.S.
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, said the company.
Since Altice USA’s inception with the acquisition of Suddenlink followed by Cablevision/Optimum, the company has been aggressive in rolling out enhanced services to its customers, tripling internet speeds to up to 300 Mbps for residential customers and 350 Mbps for business customers in its Optimum footprint more than one year ahead of schedule.
The company has also expanded 1 Gigabit broadband service to nearly half of Suddenlink’s service area. In the Suddenlink footprint, the company continues to introduce an all-digital TV lineup and in the Optimum footprint, the company has extended its outdoor WiFi network and is expanding its business product portfolio.
Altice claims that it has successfully deployed fiber in various international markets it serves. Altice France is on track to reach 22 million fiber homes by the end of 2022, and Altice Portugal will reach the milestone of 5.3 million fiber homes passed by the end of 2020 making Portugal the first European country entirely equipped with fiber.
Dexter Goei, Altice USA Chairman and Chief Executive Officer
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.
