Charter Reports Broadband Subscriber Losses, Stock Drops Sharply
Earnings·2 articles across 2 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Charter Communications experienced a significant decline in its broadband subscriber base, losing more customers than anticipated. Despite this setback, the company managed to add over 400,000 new mobile lines.
The revenue for Charter slid again as the losses in broadband subscribers mounted, indicating ongoing challenges in its internet business.
Charter
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“The company lost more broadband subscribers than expected, although it hauled in more than 400,000 new mobile lines.”
MarketWatch — Charter sees further 'erosion' of its internet business, sending the stock sharply lower“Charter's revenue slid again as broadband subscriber losses mounted”
quartz — Charter's revenue slid again as broadband subscriber losses mounted