NEW YORK, June 2 -- Optimum Communications (formerly Altice USA) issued the following news release on June 1, 2026:

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Optimum Launches Effort to Drive a Consensual Repositioning of its Capital Structure

* Optimum forms new unrestricted subsidiary to hold the Optimum East Cable business and Optimum's 50.01% stake in Lightpath, and implements internal reorganization to make the new holdco group financially and operationally independent from its paren . . .

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