Optimum Communications, Inc. (OPTU) company profile
Close on Nov 13, 2026Market cap $142.96MP/E –Yield 0.00%
About Optimum Communications
Cable & Other Pay Television Services, SIC 4841
Optimum Communications, Inc. is a telecommunications provider delivering broadband connectivity, video programming, telephony, and mobile services. The company markets its core residential and business offerings under the Optimum brand. Through its subsidiary Lightpath, the enterprise segment supplies fiber connectivity, data transport, and managed solutions to large commercial clients, carriers, and hyperscalers. Additionally, Optimum Communications provides local television programming through News 12 Networks and operates advertising sales divisions, including Optimum Media and Juice Media.
The company operates across 21 states in the United States, concentrated primarily within the New York metropolitan region and various south-central markets. Its network architecture reaches approximately 10 million total passings and serves roughly 4.3 million residential and business customer relationships across more than 1,400 franchised communities. The provided annual report text does not state the location of the corporate headquarters.
Summary of the business section of Optimum Communications's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Optimum Communications, Inc.
- Founded
- 2015
- Headquarters
- Long Island City, NY
- Address
- 1 Court Square West 11101
- Phone
- (516) 803-2300
- Website
- www.alticeusa.com
- Employees
- 9,500, Dec 31, 2025
- Industry
- Cable & Other Pay Television Services
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, New York, New York
Stock & identifiers
- Ticker
- OPTU
- Former tickers
- ATUS until Nov 25, 2025
- Exchange
- NYSE
- IPO date
- Jun 23, 2017
- Shares outstanding
- 273M, Jul 31, 2026
- Public float
- $588.40M, Jun 30, 2025
- Filer category
- Accelerated filer
- SEC CIK
- 1702780
- CUSIP
- 02156K103
- ISIN
- US02156K1034
- FIGI
- BBG00GFMPRK0
- Share class FIGI
- BBG00GFMPS82
- LEI
- 54930064K3612MGCER95
- EIN
- 38-3980194
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Dennis Mathew | Chairman and CEO, Director | 2,539,405 |
| Adriana Rios Welton | General Counsel & CCRO | – |
| Michael Olsen | General Counsel and CCRO | 868,454 |
| Marc Sirota | Chief Financial Officer | 1,034,406 |
| Michael C. Parker | President of Consumer Services | 1,011,488 |
| Maria Bruzzese | Chief Accounting Officer | 450,658 |
| Colleen Schmidt | EVP Human Resources | 1,043,566 |
| Merrill Elizabeth Abrams | Director | – |
| Daniel B. Silvers | Director | – |
| Dexter Goei | Director | 11,149,800 |
| Mark Mullen | Director | 105,697 |
| Charles Stewart | Director | 13,925 |
| Raymond Svider | Director | 139,897 |
| Alt S.a.r.l. Next | Director | 605,161,633 |
| Patrick Drahi | Director | 12,458,955 |
| Susan C. Schnabel | Director | 125,697 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Goei | $0 | $0 | $4.63M | $6 | $106 |
| FY2025 Mathew | $15.03M | $12.09M | $4.63M | $6 | $106 |
| FY2024 Goei | $0 | $0 | $3.74M | $6 | $106 |
| FY2024 Mathew | $14.43M | $11.82M | $3.74M | $6 | $106 |
| FY2023 Goei | $0 | $0 | $5.47M | $9 | $90 |
| FY2023 Mathew | $4.33M | $277.98K | $5.47M | $9 | $90 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Dennis Mathew CEO | $1.54M | $750.00K | $9.81M | $2.76M | $169.79K | $15.03M | +4% |
| Marc Sirota CFO | $648.65K | $600.00K | $3.43M | $895.14K | $18.20K | $5.60M | +27% |
| Michael Olsen EVP, General Counsel and CCRO | $575.00K | $600.00K | $2.94M | $529.00K | $37.66K | $4.68M | +9% |
| Michael Parker EVP, President - Consumer Services | $550.00K | $191.25K | $2.21M | $660.00K | $14.85K | $3.62M | – |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Jun 23, 2017
- Offer price
- $30.00
- Securities offered
- 63,943,029
- Gross proceeds
- $1.92B
- Exchange
- NYSE
- First trading day
- Jun 22, 2017
- First-day close
- $32.71+9.0%
- Lock-up ends (est.)
- Dec 19, 2017
“Our Class A common stock has been approved for listing on the New York Stock Exchange under the symbol "ATUS." The initial public offering price is $30.00 per share.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had approximately 9,500 employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Aug 14, 2026 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Nov 6, 2025 | Name change | Name changed from Altice USA, Inc. to Optimum Communications, Inc. |
| May 14, 2021 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Jun 23, 2017 | IPO | Initial public offering priced (424B4 prospectus) |
| Jun 21, 2017 | Listing | Registration of securities on an exchange (Form 8-A) |
See a number that looks wrong?