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Broadband

Charter doubles profit in Q4 fuelled by growth at residential internet, mobile

Friday 30 April 2021 | 15:07 CET | News
US operator Charter Communications reported another set of strong results for the first quarter, with higher revenues and doubled profit. Revenues for the first quarter climbed 6.7 percent from the year before to USD 12.5 billion. Growth was driven by residential internet revenue, up 15.4 percent to USD 5.086 billion, offsetting declines of 1.8 percent and 12.6 percent at video and voice, respectively, to 4.344 billion and 399 million. Mobile revenue leaped 90.7 percent to USD 492 million but advertising revenue fell 5.8 percent to USD 344 million.

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Categories: Fixed
Companies: Charter Communications
Countries: United States
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