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Altice Sees Mobile Business Turning a Profit in Its First Year

Altice Sees Mobile Business Turning a Profit in Its First Year

Cable provider Altice USA (ATUS) is on track to begin offering wireless services starting in 2019. The Altice wireless service is expected to be anchored on Sprint’s (S) network. Charter Communications (CHTR) and Comcast (CMCSA) have also launched wireless services, and both use the Verizon (VZ) network.