New Street Research - Altice USA Inc. Class A (ATUS) ... US Policy Quick Take With Their Alumni in Charge, Could Comcast Buy Altice?

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New Street Research

Blair Levin

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US Policy Quick Take With Their Alumni in Charge, Could Comcast Buy Altice?

What's new: With Altice’s announcement of new management that includes an influx of Comcast alumni, investors are pondering whether that announcement could presage an acquisition.

27/02/2023 1 EN

Underlyings

Altice USA Inc. Class A

Altice USA is a holding company. Through its subsidiaries, the company provides broadband communications and video services and markets its services primarily under two brands: Optimum, in the New York metropolitan area, and Suddenlink, principally in markets in the south-central United States. The company delivers broadband, video, and telephony services to the residential and business customers. The company also provides fiber connectivity, bandwidth and managed services to enterprise customers through its Lightpath business (also marketed as Altice Business) and the company provides advertising time and services to advertisers. The company has launched Altice Mobile, a mobile offering, to consumers across its footprint.

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US02156K1034 New York Stock Exchange United States

Comcast Corporation Class A

Comcast is a media and technology company. The company's segments are: Cable Communications, which provides internet, video, voice, and security and automation services in the United States individually and as bundled services at a discounted rate over its cable distribution system to residential and business customers; NBCUniversal, which includes a portfolio of national cable networks that provide a variety of entertainment, news and information, and sports content, regional sports and news networks, international cable networks, and cable television studio production operations; and Sky, which owns a portfolio of pay television channels that provide entertainment, news, sports and movies.

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US20030N1019 NASDAQ Stock Market United States

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Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

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Analysts

Blair Levin

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US Policy Quick Take With Their Alumni in Charge, Could Comcast Buy Altice?

CMCSA quick hit: Comcast continues to make the right pricing moves

Rethinking BEAD 2.0 as States Rethink Their Options

Mobile and broadband pair trades to consider this summer

Microsoft vs. OpenAI: Implications for investors?

SATS, Carr, and the Art of the No Deal…Yet

Supreme Court Upholds USF Framework but Reform Still Ahead

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