Altice Launches Altice One OS 2.0 to Boost User Experience
Altice USA, Inc. ATUS recently unveiled the Altice One Operating System (OS) 2.0, a version 2 upgrade to its Altice One entertainment and connectivity platform.
Notably, the Altice One OS 2.0 boasts enhanced features, giving customers access to the cloud DVR from the Altice One mobile app, access to the YouTube Kids app, more 4K content as well as live show restart on more than 20 additional networks. It will also allow customers to use voice search on YouTube.
As an all-in-one entertainment system, Altice One is available to Optimum and Suddenlink cable customers. The upgrade will offer additional 4K content including English Premier League soccer. It will allow customers to restart live shows on channels like A&E, History Channel, Lifetime, Viceland, Fox News, Fox Sports 1 among others. Notably, the company will offer these features only to Optimum customers.
Our Take
Of late, Altice has been rolling out enhanced data and services for its business customers. Altice Business has standardized its product portfolio footprint-wide, providing customers access to services that meet their needs, regardless of size or region, and creating more value and choice. Additionally, the company is building a next-generation fiber network capable of delivering broadband speeds of 10 Gbps, reflecting Altice’s continued investment in technology and innovation for its customers in the United States.
Moreover, the company is on track with its five-year plan to build a FTTH (fiber-to-the-home) network and deploy its new home communications hub. The company believes the FTTH network will be more resilient with reduced maintenance requirements, fewer service outages and lower power usage, which is likely to lead to further cost efficiencies.
In the past three months, shares of this Zacks Rank #2 (Buy) company have lost 5.2% compared with 5.3% decline for the industry.
In addition, the company has augmented its market position with the launch of an advanced advertising tool titled a4 to provide audience-based, multi-screen advertising solutions for its clients.
Other Key Picks
Some other top-ranked stocks from the same space are Arista Networks, Inc. ANET, Knowles Corporation KN and Viavi Solutions Inc. VIAV. While Arista Networks sports a Zacks Rank #1 (Strong Buy), Knowles and Viavi Solutions carry a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Arista Networks exceeded estimates in each of the preceding four quarters, the average positive earnings surprise being 13.35%.
Knowles surpassed estimates thrice in the trailing four quarters, the average positive earnings surprise being 11.04%.
Viavi Solutions outpaced estimates in each of the preceding four quarters, the average earnings surprise being 23.25%.
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