Optimum Communications Inc - Company Profile
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Optimum Communications Inc (Optimum) is a provider of telecom, content, media, entertainment and advertising services. The company offers television, Wi-Fi, broadband, telephony services, and proprietary content and advertising services. Optimum provides managed services such as managed Wi-Fi, managed desktop and server backup, hosted telephony services including cloud-based SIP-based private branch exchange, and managed collaboration services such as audio and web conferencing. It offers services under various brands, including Optimum, Optimum Media, News 12 and Lightpath. It also offers VoIP-based unlimited local, regional, and long-distance calling within the US, Virgin Islands, Puerto Rico and Canada. Optimum is headquartered in Long Island City, New York, the US.
Headquarters
United States of America
Address
1 Court Square West, Long Island City, New York, 11101
Website
www.optimum.com
Telephone
1 516 8032300
No of Employees
9,500
Industry
Technology and Communications
Ticker Symbol & Exchange
OPTU (NYSE)
Revenue (2024)
$8.6B
-4.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-1716%
(2024 vs 2023)
Market Cap*
$514.6M
Net Profit Margin (2024)
XYZ
-1,792.2%
(2024 vs 2023)
* As of and is in US$
Optimum Communications Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Mobile Devices | Telephony Services | Altice Business |
| Broadband Services | Optimum | |
| Television Services | Lightpath | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In October, the company launched free calling and texting from the US to Jamaica for Optimum Mobile and Optimum Phone customers. |
| 2025 | Contracts/Agreements | In September, the company signed a license agreement with Adeia Inc. to provide content discovery and navigation technology for Optimum’s broadband, cable TV, and OTT services. |
| 2025 | Corporate Changes/Expansions | In June, Optimum opened a new retail store in Morris Township, New Jersey, the US. |
Competitor Comparison
| Key Parameters | Optimum Communications Inc | Apple Inc | Google LLC | Meta Platforms Inc | Verizon Communications Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Long Island City | Cupertino | Mountain View | Menlo Park | New York |
| State/Province | New York | California | California | California | New York |
| No. of Employees | 9,500 | 166,000 | - | 78,865 | 89,900 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Dennis Mathew | Chief Executive Officer; Chairman | Executive Board | 2023 | 47 |
| Marc Sirota | Chief Financial Officer | Senior Management | 2023 | 54 |
| Nate Edwards | Chief Operating Officer | Senior Management | 2023 | - |
| Shuvankar Roy | Executive Vice President; Chief Customer Experience Officer | Senior Management | 2022 | - |
| Leroy Williams | Executive Vice President; Chief Growth and Innovation Officer | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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