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Optimum’s Financial Crisis Deepens | Huntsville News
Optimum, a major cable and internet provider, is drowning in debt—with $6.3 billion due in 2027 alone—and has been downgraded to “CCC” by S&P Global, signaling high risk of default and even bankruptcy within a year. Leadership may be shifting assets to protect themselves as the company consolidates operations, likely preparing for Chapter 11. This crisis mirrors broader industry collapse: DISH and Sling TV have already filed for bankruptcy, and declining cable viewership over five years has crippled traditional models. The future of Optimum—and cable as a whole—is hanging by a thread. Listen…
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