Special Advisor & Director, Altice Usa
Search every verified Charles Stewart interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In a September 2018 interview, Altice USA CEO Dexter Goei discussed the company's performance and strategy. He noted that while the stock had declined nearly 20% year-to-date, he attributed this to technical factors such as the company's split from Altice Europe and selling pressure from Disney's divestiture, rather than operational issues. Goei stated that the company felt good about its numbers, citing a 73% increase in free cash flow in the last quarter, and mentioned a $2 billion authorized share buyback program. He described consolidation in the industry as "inevitable" over the medium term, saying "size does matter," but emphasized that the company's current focus was on operations and delivering on projects like its Altice One product, fiber-to-the-home expansion, and a mobile launch planned for early 2019. Goei also addressed content and video trends. He stated that Altice USA did not view content companies as a good use of its cash, saying "we think that content companies arguably with our size should be run separately than us." He described retransmission fees as "the single largest cost item in our P&L" and noted that the company had seen improved video subscriber trends over the previous three quarters, with viewing minutes up about 10% year-over-year. Goei expressed cautious optimism about video trends, attributing some of the improvement to content and operational decisions.
“We continue to feel very good about our numbers, a very good about momentum, free cash flow numbers were good up 73 percent in the last quarter and so you know we're if we're focused on at the minimum returning shareholder money to our shareholders who share buybacks at a minimum but if anything we think that the stock...”
“We've got a two billion dollar authorized program. If you look at kind of what the market thinks our numbers are developing over the next couple of years, arguably we're getting close to four times leverage by the end of 2019 so if you want to stay at five times and you know I've got EBITDA numbers that are out in the...”
“Consolidation by and large over the next I don't know what the timeframe is a medium-term is inevitable size does matter and these in these businesses and so we'll see what happens we're either you know do something team up with someone like I can't even think about all the different possibilities.”
“We think that content companies arguably with our size should be run separately than us. There are some synergies between distribution and content but we don't think that's a good use of our cash.”
Altice USA CEO Dexter Goei discusses why the company's stock is down nearly 20 percent year to date as well as the impact of ...
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