Post any information about potential or actual Cablevision Systems layoffs? Any chatter, news or rumors?
Christmas is over
That means that layoffs are about to start again. Probably not this week, but anything after is fair game.
Dumpster Fire
Xfinity is overbuilding Altice in Milford and Watertown, CT with EPON. Xfinity is not in the market to buy Altice All cable cos are posting net losses for Q4. This ship is going to sink because it can’t acquire customers. How do you build a fiber... — read more
What scam did PD pull this time?
ATUS stock was at $1.77 yesterday, this morning it’s up to $2.55. You can’t help but wonder what scam was worked.
LMAO TeleCable
What a joke!!!!! Stole $$ when you guys ran ATS (did everyone forget about McG and Kennedy) but some weren’t caught. Then you guys go to Excell and mysteriously when Altice is being investigated you guys create another umbrella company .. definitely... — read more
150k a song 🤣
https://www.musicbusinessworldwide.com/sony-warner-hit-us-internet-provider-altice-with-1-6bn-lawsuit-over-alleged-music-piracy-on-its-network1/
Predictions based on recent announcement
Looks like they are splitting up sides again What do we think is going to happen? Will they eat each other?
New Leaders Again
They are pathetic
The top guy says ….Could crash and burn
https://youtu.be/4ghjvrguCbY?si=yOFSrcnPRL_KYNgV
Everyone’s fed up.
Apparently things aren’t any better at the supervision level. https://dailyvoice.com/new-jersey/wyckoff/veteran-responder-charged-with-torching-service-vans-at-bergen-optimum-store/
Billionaire Drahi’s Altice to Seek Bids Next Month for Key Assets
Buyout firms circle Altice assets as tycoon grapples with debt Bids for Portugal unit, France stake seen as soon as December. Saw this on Bloomberg.
VPs leaving almost weekly
Who's next to resign
Telecable..Excel 2.0!
Most of the excel jabroni's that got that boot or saw the writing on the wall jumped ship to Telecable. ATS 2.0?...or Excel 2.0? Its telephone..its cable...ITS TELECABLE!! I'd bet 14 cents its another Altice phantom company.
Seeking Alpha, evaluation
Home Communication Services Altice USA: Business And Balance Sheet Challenges Set To Persist Nov. 03, 2023 11:06 AM ETAltice USA, Inc. (ATUS)CABO, CHTR, CMCSA, TMUS, VZ11 Comments Blue Chip Portfolios profile picture Blue Chip Portfolios .. — read more
Nov 1st Earnings Call
It will be interesting to see how much honey they try to cover this tu-d with on the call.
YAY 😀 2.68 a share
PD will understand now what he did LOSER
It's Going to be sold within a few weeks
https://www.bloomberg.com/news/features/2023-10-24/altice-billionaire-drahi-s-empire-in-turmoil-on-debt-corruption-scandal#xj4y7vzkg
Altices best bet is to probably partner with charter or comcast
Customers deserve a better fiber roll out and customer service base. I hear all the time that when they call they cant get the right info , get hung up on, etc.
Closing in on AUSA! It's all going to come out
https://www.brytfmonline.com/altice-patrick-drahi-was-warned-about-armando-pereira-in-2017-communications/
Choose COBRA by when?
Hey folks! Any idea when we need to decide about COBRA and when our benefits will cease?
Altice Employees Raised Red Flags Years Before Corruption Probe Executives had been informed about problems linked to loose governanc
https://www.bloomberg.com/news/articles/2023-10-16/billionaire-drahi-s-altice-workers-warned-of-corruption-before-portugal-probe
How is Altice functioning?
60 billion in debt accrues 100s of millions of dollars in interest debt. Its amazing how Altice is able to function. Speculations are they would partner or sell some or all of there systems between charter and comcast
Executive removal
2 heavy hitters in the East didn't see that coming.
Company sold?
I heard just the other day that we are no longer allowed to order Optimum branded apparel. Is this true? Did they quietly sell? A lot of changes happening recently kinda seems like it's a real possibility.
ATUS $2.91? What's next, the pink sheets?
And no dividend either. This is bad and getting worse!
No future here
It's becoming pretty obvious to everyone that you can't rely on anything long term at Altice anymore. The higher-ups have concluded that layoffs are the go-to solution for all the issues piling up and knowing that that approach never really fixes... — read more
Don't think it's done
If this round proved anything, it's that nobody is safe and layoffs can happen at any moment. Sad but true.
THEY DID IT AGAIN!!!!!!!!!!!!!!!
News 12 hit hard Monday with 40 more people Laid Off!!! Absolutely Disgusting 🤮 They state heavy financial issues. How much longer will this show last
Warehouse Back Order
With the supply scandal going on, are the Altice East systems experiencing supplies on back order? Everything from amps, power supplies, and above have been on back order since freakin May. Just waiting to fix outages with bubble gum and bailing wire — read more
United States, Sotheby's, Germany, SFR… the Armando Pereira affair extends to the entire Drahi empire
United States, Sotheby's, Germany, SFR… the Armando Pereira affair extends to the entire Drahi empire Continuation of our investigation into Armando Pereira. Far from limiting himself to Portugal, the manager indicted for corruption placed his... — read more
Tech Network Inc..the new Excel?
Alot of guys jumping over to Tech Network Inc...is this Altices new phantom company now that Fraud Inc (Excel) is being disolved? Wouldnt surprise me..Altice is full of schemes.
Bye bye Excell
All techs told they have enough work for a couple weeks and it’s over. They lost their contact with Altice.
Take your surveys!
Scores for some are terribly DOWN in the south. Some fell much SHORTER than others. Big D does not want his managers to be hated!
Good break down
https://www.washingtonpost.com/business/2023/08/04/the-corruption-probe-rocking-altice-billionaire-s-drahi-s-telecoms-empire/53315680-32c8-11ee-85dd-5c3c97d6acda_story.html
Why would a company acquire the debt of the other company to acquire it
Acquiring the debt of another company to acquire them can be a strategic move for several reasons: Lower purchase price: Acquiring debt may allow the acquiring company to negotiate a lower purchase price for the target company, as the target's... — read more
OMS Areas and Regions
Basically going to go back to the way it was before the geniuses from Altice got their hands on it, at least that’s how it was in the SL markets. I’ll believe it when I see it. The micromanaging ego maniacs are incapable of this kind of structure. ... — read more