Medium materiality6/10
MSG says Altice walked away from negotiations as Optimum saga takes another twist
Why it may matterVerify against the original reporting
The ongoing dispute could lead to customer losses for Optimum, impacting ATUS indirectly.
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What happened, with direct paths to the underlying reporting
MSG Networks and Altice are in a negotiation dispute. Optimum's previous deal with MSG Networks expired on January 1. Altice charges customers for MSG content they can't access. Optimum claims MSG is spreading misinformation about negotiations. Customers may switch to Verizon Fios due to the ongoing issue.
- MSG Networks and Altice are in a negotiation dispute.
- Optimum's previous deal with MSG Networks expired on January 1.
- Altice charges customers for MSG content they can't access.
- Optimum claims MSG is spreading misinformation about negotiations.
- Customers may switch to Verizon Fios due to the ongoing issue.
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