0
Broadband

Charter accelerates revenue growth to nearly 10% in Q2

Friday 30 July 2021 | 14:10 CET | News
US cable operator Charter Communications saw revenue growth accelerate to 9.5 percent in the second quarter, to USD 12.8 billion. Growth was supported by expansion in the mobile market, a recovery in advertising and continued growth in broadband customers. Adjusted EBITDA of USD 5.0 billion grew by 11.8 percent year-over-year, and net profit reached USD 1.0 billion, up from USD 766 million a year ago.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Fixed
Companies: Charter Communications
Countries: United States
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Charter starts USD 30 mln Spectrum Community Assist philanthropic initiative

Published 15 Sep 2021 16:38 CET | United States
Charter Communications has started Spectrum Community Assist, a USD 30 million, five-year philanthropic initiative to revitalize ...

Charter raises USD 2 billion in debt issue

Published 03 Aug 2021 09:27 CET | United States
Charter Communications has raised USD 2.0 billion in a new debt issue to institutional investors. The senior unsecured notes due ...

Comcast Q2 earnings up 23% as media business returns to profitable growth

Published 29 Jul 2021 13:45 CET | United States
Comcast reported second-quarter earnings up 23 percent year-on-year to USD 0.80 per share, supported by a return to profit for ...

Altice USA revenues advance 1.7% in Q2, helped by growth at Broadband

Published 29 Jul 2021 11:20 CET | United States
Altice USA said revenues for the second quarter advanced 1.7 percent from the year earlier to USD 2.52 billion, pushed by 7 ...

Charter closes debt offerings worth USD 3.55 billion

Published 03 Jun 2021 10:58 CET | United States
Charter Communications has closed two offerings, one of USD 2.8 billion senior secured notes and another of USD 750 million ...

Charter doubles profit in Q1 fuelled by growth at residential internet, mobile

Published 30 Apr 2021 15:07 CET | United States
US operator Charter Communications reported another set of strong results for the first quarter, with higher revenues and doubled ...

Charter to invest USD 5 billion in network expansion, with help from FCC rural fund

Published 01 Feb 2021 14:55 CET | United States
US cable operator Charter Communications plans to invest about USD 5 billion to bring gigabit broadband speeds to over 1 million ...

Charter almost doubles profit again in Q4, helped by mobile, ad revenue growth

Published 29 Jan 2021 18:26 CET | United States
US operator Charter Communications reported another strong set of figures for the fourth quarter, with an almost doubled net ...