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Report: Altice USA's mobile service to cost $20-$30 per line

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Report: Altice USA's mobile service to cost $20-$30 per line

Altice USA Inc. is working to launch a mobile service that is expected to cost between $20 and $30 a month per phone, The Wall Street Journal reported May 28, citing sources with knowledge of the matter.

The new service, which will likely be called Altice Mobile, will run on Sprint Corp.'s mobile network and relies on customers' in-home Wi-Fi and the company's network of hot spots throughout the urban markets it serves, including New York City.

Altice USA plans to test the service with its employees in the coming weeks, the sources said. A spokeswoman for the company said the pricing is not confirmed and the "go-to-market plans are still in development."

Speaking during a May 2 earnings conference call, Altice USA CEO Dexter Goei said the company has already picked out a price point for the mobile offering and a distribution plan.