Charter Communications, Inc.

CHTR
Sector

Communication Services

Industry

Telecom Services

Market Cap

$57.07B

Employees

101.1K

Company Overview

Charter Communications is a leading broadband connectivity company and cable operator, offering residential and business services including internet, TV, mobile, and voice. They operate an advanced communications network across 41 states, focusing on network evolution, footprint expansion, and high-quality operations. Charter's competitive advantages include its scale efficiencies, network quality, and construction capabilities.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Total revenue increased by 1.6% YoY for the quarter, driven by growth in mobile lines and average revenue per customer, but partially offset by a decrease in customer relationships. The company lost 110,000 internet customers in the quarter.

Adjusted EBITDA increased by 3.6% YoY and income from operations increased by 6.7% YoY for the quarter, driven by revenue growth and decreases in operating costs, primarily programming expense.

Programming costs decreased due to fewer video customers and a higher mix of lower cost packages, while mobile service direct costs increased due to higher mobile device sales and mobile lines.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG initiatives

1 Insight

Market Environment

3 Insights