Optimum Communications' Services
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Optimum Communications' Services - overview
Established
2003
Location
-, NY, US
Primary Industry
Telecoms
About
Based in Missouri, US, Cequel Communications LLC, d. b. a. Optimum Communications' Services is an integrated media company that provides digital TV, internet connection, and telephone services for residential and commercial applications across the country.
In May 2015, Altice N. V. , a portfolio company of Carlyle Group and Cinven, agreed to acquire a 70% stake in Cequel Communications LLC in a deal valued at USD 9. 1 billion.
BC Partners and CPPIB will continue to hold a 30% stake. In June 2016, Altice N. V. merged its portfolio companies Cequel Communications LLC and CSC Holdings, LLC to form Altice USA, Inc.
Suddenlink Communications offers its services in different categories, including TV (television), internet, phone, home security, accounting and billing, and mobile. The TV segment’s service includes one demand error code, caller ID on TV, parental control, Suddenlink remotes, troubleshooting TV service. Under the internet category, the company provides Restarting Modem and Router, Troubleshooting Internet, and internet speed troubleshooting. The phone segment offers voicemail set up, home phone calling features, and no dial tone service.
Suddenlink’s home security service provides home security: arming, connected home: arming, and Suddenlink home security. The company also offers accounting and billing service, which includes internet and mobile savings, equipment returns instructions, forgot username or password, auto-pay, and ways to pay bill service. In addition, Suddenlink Communications offers the Suddenlink2Go app and Suddenlink Support app for customers using mobile phones and personal computers. The firm also offers various products, which are Altice one, Suddenlink stream, optimum mobile, and home phone.
Suddenlink Communications generates revenues through subscription of its services, which include TV Services (ranging from USD 6. 65 to USD 155), premium channels, pay-per-view and on-demand, DVR services, gig internet markets, 400 Mbps internet markets, 150 Mbps internet markets, up to 50 Mbps internet markets, internet services, phone services, equipment and extras, unreturned equipment fees, installation, service, and other charges, and home security services.
Primary Industry
Telecoms
Sub Industries
Telecoms Providers & Services, Telecoms Equipment, Internet Service Providers, Cable Service Providers
Website
www.optimum.com
Verticals
Mobile Apps
Company Stage
Mature
Total Amount Raised
Subscriber access only
Optimum Communications' Services - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | CSC Holdings, LLC, Optimum Communications' Services | - | ||||||||
| Add-on, Trade Sale | Completed | Optimum Communications' Services | - | ||||||||
| Add-on | Completed | Certain Texas cable assets of Northland Communications Corp | - | ||||||||
| Secondary Buyout | Completed | Optimum Communications' Services | - | ||||||||
| Add-on | Completed | NPG Cable | - |
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