Comcast's steep broadband subscriber losses take shine off strong studio performance
Comcast reported a steep decline in broadband subscribers for the fourth quarter on Thursday on competition from telecom firms that have been bundling 5G mobile services with internet plans, sending its shares about 11% lower.
Charter’s Broadband Subscriber Losses Add to Woe for Cable TV
Charter Communications Inc. lost 177,000 broadband subscribers in the fourth quarter, worse than expected amid a very competitive market for internet access.
Comcast Loses More Broadband Subscribers Than Expected, and Stock Tumbles
Key Takeaways Comcast's broadband customers declined more than anticipated, sending shares plunging.The customer drop of 139,000 was worse than what Comcast Cable CEO Dave Watson warned would be lost last month.
Charter shares tumble after Comcast's broadband losses
Charter Communications (NASDAQ:CHTR) stock fell 6.3% following Comcast (NASDAQ:CMCSA)'s report of significant broadband subscriber losses, which also dragged its own shares down by 11%. The ripple effect on Charter's stock comes ahead of its own earnings report,
Comcast shares plunge as ‘Wicked’ success offset by big subscriber losses
Comcast reported a steep decline in broadband subscribers for the fourth quarter on Thursday on competition from telecom firms that have been bundling 5G mobile services with internet plans, sending its shares about 11% lower.
Reuters13h
Charter Communications beats quarterly estimates on demand for bundled plans
Jan 31 (Reuters) - Charter Communications (CHTR.O), opens new tab beat Wall Street estimates for quarterly results on Friday, driven by higher-than-expected subscriber growth for its mobile services ...
Spectrum TV And Internet Parent Charter Communications Delivers Better-Than-Expected Q4 Results
Charter Communications, which offers TV, internet and wireless services under the Spectrum brand, reported fourth-quarter ...
Charter Communications, Inc. Announces Climb In Q4 Profit, Beats Estimates
Charter Communications, Inc. (CHTR) reported a profit for its fourth quarter that increased from last year and beat the Street ...
Charter Communications 4Q Tops Views
Charter Communications logged higher earnings in the fourth quarter as it added more mobile lines and kept internet revenue rising. The cable company posted a quarterly profit of $1.47 billion, ...
Charter: Q4 Earnings Snapshot
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $9.54 per share. The cable provider posted revenue of ...
Hoodline23h
Estate of Slain Reporter Dylan Lyons Sues Charter Communications for Alleged Negligence in Workplace Safety
The estate of slain reporter Dylan Lyons sues Charter Communications, alleging the company's negligence led to his death.
WCJB1d
Family of former TV20 reporter Dylan Lyons sues parent company of TV station for negligence following death
NeJame Law is filing the suit against Charter Communications, the parent company of Spectrum News 13, where Dylan was working ...
Ex-Charter Communications VP Moves to Toss Trade Secrets Lawsuit
A former Charter Communications Inc. executive accused of taking trade secrets to competitor Metronet argued his prior employer’s lawsuit should be dismissed because his noncompete is unenforceable.
Charter Communications Q4 Earnings Preview: Heavy Competition
Charter Communications will report Q4 and Full-Year 2024 earnings pre-market on Friday, January 31st. See why I rate CHTR ...
Crain's Cleveland Business3d
Spectrum operator Charter Communications plans to lay off 259 in Akron
The residential inbound sales call center is at a Charter office at 530 S. Main St., Suite 1751 in Akron. The company does ...
Charter Communications to lay off 259 Akron call center employees
Charter Communications, which does business as Spectrum, plans to close an Akron residential inbound sales call center and lay off 259 workers there.
Charter stock tumbles ahead of report as rival Comcast's dwindling video, internet subs stoke fears
Shares in Charter Communications (NASDAQ:CHTR) slipped on Thursday in reaction to rival Comcast's (NASDAQ:CMCSA) fourth ...