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Altice USA CEO talks Charter takeover speculation

Altice USA CEO Dennis Mathew has responded to Wall Street chatter around Charter Communications considering a takeover of his rival cable TV operator.

“There’s three things I want to say. One, we’re a controlled company,” Mathew said at a Morgan Stanley Technology, Media and Telecom Conference during a session that was webcast. Altice USA, as an independent company, has as its controlling shareholder Altice founder Patrick Drahi.

“Two, I don’t speculate on what other companies may or may not be doing. Three, my number one focus is to drive maximum positive impact for our teammates, our customers and communities we serve and our shareholders by accelerating this transformation,” Mathew added. Hollywood Reporter

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