Altice USA's broadband business is starting to stabilize, CEO Dennis Mathew said Thursday as the company announced its Q2 financial results. The 35,000 broadband subscriber losses in Q2 were an improvement both year over year and compared with Q1, Mathew said, chalking it up to better retention efforts, improved sales performance and network investments. He said churn was also down. Altice ended Q2 with 3.9 million residential broadband subscribers, versus 4.1 million in Q2 2024; and 1.7 million residential video subscribers, versus 2 million. It had 546,000 mobile lines, compared with 385,000 a year earlier. The addition of 38,000 mobile lines in the quarter was down from Q1 in the face of ongoing competitive and macroeconomic pressures, Mathew said. The company expects to see mobile growth year over year in the back half of 2025, he added. Revenues were $2.2 billion for the quarter, down $100 million.
Comcast and Charter Communications' most recent quarters show that while cable broadband "is in free fall, [the providers'] wireless offers are quietly crushing the competition," Recon Analytics’ Roger Entner wrote Tuesday in a thread on X. Charter lost 117,000 broadband subscribers, but it gained 500,000 wireless subscribers while covering only 40% of the U.S., he said. "If they operated nationwide, they'd be adding over a million and making T-Mobile's numbers look small."
Cable One will test a mobile offering in some of its markets starting later this year, CEO Julie Laulis said Thursday. In a call with analysts to announce the company's Q2 financial results, Laulis said it has signed an agreement with a mobile virtual network enabler for the pilot offering. Cable One reported Q2 revenue of $381.1 million, down from $394.5 million during the same three months in 2024. The decline was largely due to fewer video subscribers, it said. The quarter also ended with 932,000 residential data customers, compared with 963,000 in Q2 the year before. Laulis said Cable One isn't expecting to grow its residential broadband customer base this year -- June was the first month in 2025 with year-over-year increases in broadband additions. The company attributed the broadband customer losses to pricing and packaging changes, competition and the end of certain promotions, although that still led to a slight increase in residential broadband revenue over Q1. Cable One's simplified pricing and new marketing are setting the stage for stronger subscriber growth over time, Laulis added. She also noted that about 53% of locations in Cable One's footprint have fiber-to-the-home overbuilding, and fixed wireless "is nearly ubiquitous."
FCC Media Bureau revisions to cable rate regulation become effective Aug. 13, said the bureau in a public notice Friday. The order exempts small cable systems and cable equipment used for anything other than delivery of the basic service tier from rate regulation.
Comcast on Wednesday unveiled its StreamStore, an online venue featuring more than 450 streaming apps and channels along with movies and TV shows available for rent and purchase. StreamStore users can manage streaming apps and channels with one all-in monthly bill, Comcast said, adding it's available to Xfinity internet and TV customers.
The FCC has opened a docket, 25-233, on Charter Communications' proposed $34.5 billion purchase of Cox Communications, the Wireline Bureau said Thursday. The cable ISPs filed their application for FCC approval of the change of control earlier this week (see 2507150051).
Charter Communications says growing incidences of deliberate damage to its network in Missouri constitute domestic terrorism. It said Monday it has seen 148 outages in the state so far this year due to attacks on its network -- a 200% year-over-year increase. Charter said 28 states, including Missouri, have passed legislation making attacks on critical communications infrastructure a felony offense, with 11 this year. The cable ISP also labeled June network damage in California domestic terrorism (see 2507010014).
The FCC's basic cable rate regulation order, adopted at its June meeting (see 2506260030), goes into effect Aug. 13, said a notice for Monday's Federal Register. The order exempted small cable systems and cable equipment used for anything other than delivery of the basic service tier from rate regulation.
Damage to Charter Communications' network June 15 in Van Nuys, California, was domestic terrorism, the company said Tuesday. That determination was based on the nature of the fiber cuts, the extent of the damage and the makeup of the customers affected, it said, noting that the 13 damaged cables resulted in lost connectivity to emergency services, financial institutions, court buildings, health care facilities, a U.S. military base and cell towers. More than 50,000 residential customers and 500 business customers were affected for up to 30 hours, according to Charter. "This is a pervasive and persistent threat to American families and businesses across the country that cannot be tolerated, and such life-threatening events should be declared acts of domestic terrorism and prosecuted accordingly," CEO Chris Winfrey said. The company said it's offering a $25,000 reward for information. NCTA, CTIA, USTelecom and NTCA have urged Congress to consider criminalizing communications network vandalism and theft federally (see 2411190058).
Shentel expects to close in July on its acquisition of Virginia's WideOpen Blacksburg, it said last week. The deal would expand Shentel's Glo Fiber service in the Blacksburg area.