Altice USA Unveils “Generation GigaSpeed” – A Full-Scale Fiber-to-the-Home Network Investment Plan to Enable 10 Gigabit Broadband Speeds

Altice USA is the First Major U.S. Cable Provider to Announce
Plans for Large-Scale Fiber-to-the-Home Deployment Across its Footprint

NEW YORK–(BUSINESS WIRE)–Altice USA, the fourth largest U.S. cable company, today announced plans
to invest further in the U.S. by building a next-generation
fiber-to-the-home network capable of delivering broadband speeds of up
to 10 Gbps across its footprint. 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 U.S.

Altice USA is the first major U.S. cable provider to announce a
large-scale fiber deployment plan for its footprint. Altice USA is a
subsidiary of Altice N.V. (Euronext: ATC, ATCB), a leading global
telecommunications, media and entertainment company.

“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,” said Dexter
Goei, Altice USA Chairman and Chief Executive Officer
. “Today, we
have a best-in-class network with incredibly fast speeds and quality
service, and by taking immediate steps to create the fastest
next-generation network, we will be positioned to support our customers’
needs well into the future. Altice USA’s ‘Generation GigaSpeed’
underscores our promise to accelerate investment in our network, sets
the foundation for the delivery of next-generation services and
enhancements for our customers, and is a testimony to the bright future
of the U.S. telecommunications industry.”

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

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 is a market leader in successfully deploying 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.

About Altice USA —

Altice USA, a subsidiary of Altice Group (Euronext: ATC, ATCB), is the
fourth largest cable operator in the United States, delivering
residential and business services to 4.6 million customers across 20
states. Providing high-quality products that keep customers connected,
Altice USA (through its Optimum, Lightpath and Suddenlink brands) offers
digital cable television, high-speed Internet, voice, WiFi and
advertising services. To meet our customers’ content and information
needs, the company through News 12 also offers hyper-local news and
programming created specifically for the communities we serve.


Altice USA
Lisa Anselmo, +1-516-803-2362
Head of
Dreyfuss, +41 79 946 4931
Chief Communications Officer
Brown, +41 79 720 1503
Chief Investor Relations Officer