Altice USA is a publicly owned company headquartered in the US. Founded in 2016, the company employs approximately 8,900 individuals and reported $8.6B in revenue as of 2025. Functioning as a telecommunications and media company, Altice USA specializes in providing broadband access services, digital advertising solutions, pay television, and telephony services to both residential and business customers.
On June 10, 2026, billionaire Patrick Drahi faced a lawsuit in Delaware’s Chancery Court, challenging his plan to reorganize the debt-laden Optimum Communications Inc. A retail investor filed the suit, alleging Drahi used self-dealing terms and failed to provide shareholders sufficient information about a related transaction. The lawsuit seeks to block Drahi’s move to place Optimum’s assets beyond the reach of a creditor consortium holding a significant portion of the US broadband giant's $26 billion debt.
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