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

Friday 29 January 2021 | 18:26 CET | News
US operator Charter Communications reported another strong set of figures for the fourth quarter, with an almost doubled net profit, and a jump in mobile and ad revenues. Revenues for the quarter lifted 7.3 percent year-on-year to USD 12.6 billion, driven by residential revenue growth of 5.0 percent, mobile revenue growth of 80.9 percent and advertising revenue growth of 43.9 percent. The adjusted EBITDA grew 10.2 percent to USD 5.0 billion, while the net profit attributable to shareholders leaped to USD 1.2 billion from 714 million. Capex went to 2.1 billion, including USD 157 million for

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Categories: Fixed
Companies: Charter Communications
Countries: United States
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