WHY THIS MATTERS:A combination of factors within the Optimum systems will help to reduce Altice's exposure to the biggest expenses it will face with its newly announced FTTP deployment – labor and right-of-way access – Jeff Heynen, senior research analyst for SNL Kagan, said.
WHY THIS MATTERS:The option, which CEO Reed Hastings signaled back in April, catches Netflix up to Amazon Prime, which has supported downloads for offline viewing for more than a year.
WHY THIS MATTERS:The company was forced to look for short-term cost-cutting opportunities after a potential investor dropped out of the picture, but CEO Sandy Brown downplayed reports that One World's troubles run much deeper.