Altice's (ATUS) Lightpath to Boost Connectivity With Buyout
ATUSAltice USA(ATUS) ZACKS·2024-06-11 21:16

Altice USA Inc. (ATUS) subsidiary Lightpath is set to significantly boost its service capabilities through the proposed acquisition of United Fiber and Data (“UFD”). The definitive agreement, expected to close in third-quarter 2024, pending regulatory approvals and other customary closing conditions, marks a strategic expansion that promises substantial benefits for Lightpath and its parent company, Altice.UFD operates a unique 323-route mile high-fiber network stretching from New York City to Ashburn, VA, ...