OPTU
Optimum Communications, Inc.
NYSE · Communication Services · Telecommunications Services · US
$1.05
+0.96%Aug 31, 2026, 15:00 UTC
Optimum Communications expanded its multiyear MVNO agreement with T-Mobile, announced on its Q2 earnings call and detailed in a subsequent announcement, to improve coverage, roaming, speeds, and device support.
Source:Aug 28, 2026, 21:52 UTC
Optimum Communications completed a $6 million investment to strengthen its network infrastructure in Lubbock, Texas, including construction of an approximately 100-mile fiber ring.
Source:Aug 14, 2026, 20:30 UTC
Optimum Communications, Inc. received a notice from the New York Stock Exchange on August 13, 2026, stating it is not in compliance with the NYSE's continued listing standard because its Class A common stock's average closing price was below $1.00 over a consecutive 30 trading-day period.
Source:Aug 6, 2026, 11:00 UTC
Optimum Communications, Inc. reported its financial results for the second quarter ended June 30, 2026, with expanded gross margin and Adjusted EBITDA margin, improved broadband trends, and record second-quarter mobile line growth.
Jul 21, 2026, 23:59 UTC
Optimum Communications laid off dozens of journalists, photographers, producers, and managers across its News12 operations in Connecticut, Westchester, and New Jersey as part of a restructuring to adapt to changing viewing habits and strengthen its digital and broadcast strategy.
Source:Jul 6, 2026, 12:00 UTC
CSC Investments II LLC, a subsidiary of Optimum Communications, announced the final results of its tender offer to purchase shares of Optimum's Class A Common Stock, which expired on June 30, 2026.
Source:Jul 6, 2026, 00:00 UTC
Optimum Communications, Inc. amended and restated its credit agreement on July 6, 2026, adding a new $250 million incremental term loan due November 25, 2028, at a fixed 9.000% annual interest rate, with proceeds for general corporate purposes.
Jun 2, 2026, 00:41 UTC
Optimum Communications Inc. announced a deal to move assets out of reach of Apollo Capital Management, Ares Management, BlackRock Financial Management and other lenders amid an antitrust lawsuit.
Source:Jun 1, 2026, 12:00 UTC
CSC Investments II LLC, a subsidiary of Optimum Communications, launched a tender offer to purchase up to 120,000,000 shares of Optimum's Class A Common Stock.
Source:Jun 1, 2026, 00:00 UTC
Optimum Communications, Inc. announced a private placement of $300 million of newly issued perpetual Series A Preferred Units of its indirect wholly owned subsidiary CSC Investments II LLC (Unsub Topco), relying on the Section 4(a)(2) exemption from registration, on May 29, 2026.