June 22 (UPI) -- The Altice USA cable operator said Thursday it raised more than $1.9 billion in an initial public offering, the most raised by any U.S.-listed telecommunications company since 2000.
Altice USA, a company formed in 2016 after the Netherlands-based Altice acquired Cablevision and Suddenlink Communications, sold about 63,900,000 shares of its Class A common stock at a price of $30 per share, the company said in a statement.