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Broadband

Charter adds 86,000 customers in Q1

Friday 1 May 2015 | 14:19 CET | News
Charter Communications reported first-quarter revenues up 7.3 percent year-on-year to USD 2.4 billion, helped by growth in the business and internet markets. Residential revenue rose 6.7 percent, and commercial revenue increased 14.8 percent. The US operator's adjusted EBITDA grew by 4.2 percent to USD 800 million, or was up 7.0 percent excluding USD 21 million in costs for its failed deal with Comcast. The net loss widened to USD 81 million from USD 37 million a year ago. Charter reduced capex in the quarter to USD 351 million from USD 539 million a year ago, following completion of its

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Categories: Fixed
Companies: Charter Communications / Comcast
Countries: United States
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