Altice USA reports Q4 Fiber customer net additions up 46K

The company states: “Fiber customer net additions were +46k in Q4 2023, Optimum’s best quarter for fiber net adds, and added +170k customers in FY 2023. Fiber customer net adds were driven by both higher fiber gross additions and increased migrations of existing customers. Penetration of the fiber network reached 12.5% at the end of FY-23, up from 8.0% penetration at the end of FY22. Accelerated Optimum Mobile Net Add Growth +34k in Q4-23; 8.2x Growth YoY; Reaching 322k Lines. Optimum Mobile saw the fourth straight quarter of accelerated growth, reaching 7.1% penetration of the Company’s total broadband customer base, up from 5.2% penetration in Q4-22.”