Cablevision Systems Corporation
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Communication Services
- Industry
- Entertainment
- Address
- Jersey
- IPO Date
- Jan 4, 2016
- Similar Companies
- Business
- Cablevision Systems Corporation (NYSE: CVC) provides cable television, internet access, and telephone services to residential and business customers primarily in the New York metropolitan area. The company offers multichannel video programming distributed via hybrid fiber-coaxial networks; high-speed broadband internet access with download speeds up to 1 Gbps; and voice telephony services including unlimited domestic calling plans; along with premium video-on-demand content, digital video recorders, and mobile applications for content streaming. Cablevision operates through its Optimum brand, serving over 3 million video subscribers, 3 million internet customers, and more than 700,000 voice lines across New York, New Jersey, and Connecticut. Founded in 1973 and headquartered in Bethpage, New York, the company focuses on the cable and media industry, targeting suburban and urban households as well as small and medium-sized businesses. In 2016, Cablevision was acquired by Altice USA in a $17.7 billion deal, marking a major strategic shift as it integrated into Altice's broader U.S. fiber and cable operations; subsequently, Altice USA rebranded Cablevision's services under the Optimum name while expanding 5G fixed wireless access and fiber-to-the-home deployments in recent years [ from previous searches, adjusted for history]. This acquisition facilitated operational enhancements, including network upgrades to support gigabit internet and the launch of new streaming bundles combining Optimum services with third-party content providers like Disney+ in 2023-2024 partnerships. No recent name changes or reorganizations have occurred, with the company maintaining its core infrastructure-focused strategy amid competitive pressures from wireless carriers and streaming platforms.
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