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ATUS WI - Altice USA Inc News Story

$17.71 0.0  0.1%

Last Trade - 08/06/18

Sector
Telecoms
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £7.02bn
Position in Universe th / 6853

Trump to hold call with U.S. internet, mobile phone providers

Tue 31st March, 2020 6:26pm
By David Shepardson
    WASHINGTON, March 31 (Reuters) - President Donald Trump is
holding a call with seven of the biggest U.S. internet and
mobile phone providers on Tuesday to talk about how the networks
are holding up as tens of millions of Americans work from home.
    The Federal Communications Commission has said U.S. networks
are performing well and has granted temporary access to
additional spectrum blocks to help providers manage traffic.
    AT&T Inc  T.N , Verizon Communications Inc  VZ.N , Charter
Communications Inc  CHTR.O , Comcast  CCZ.N , Altice USA
 ATUS.N , T-Mobile and Sprint Corp  S.N  are expected to take
part in the call.
    FCC Commissioner Brendan Carr said last week "the data show
that the recent surges in Internet traffic are well within the
capacity of U.S. networks." 
    Major firms, including all those Trump is speaking to,
agreed earlier this month not to terminate service for
subscribers for 60 days if they are unable to pay their bills
due to disruptions caused by the coronavirus.
    They also agreed to waive any late fees residential or small
business customers incur because of their economic circumstances
related to the coronavirus pandemic and to open Wi-Fi hotspots
to anyone who needs them.
    

 (Reporting by David Shepardson
Editing by Sonya Hepinstall)
 ((David.Shepardson@thomsonreuters.com; 2028988324;))
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