Charter Loses 83,700 Video Customers & $107 Million
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From The Article:
Original Post: Cable Operator Charter Loses More Video Subs in Second Quarter - The Hollywood Reporter
Big cable operator Charter Communications on Tuesday reported another video subscriber decline in the second quarter and a widened loss on higher costs for debt extinguishment and higher interest expense.
The loss of 7 million compared with a year-ago loss of million. Revenue rose 2.2 percent to .79 billion.
Charter lost 79,900 residential and 3,800 commercial
video subscribers in the latest quarter, but added 18,500 residential broadband and 6,600 telephony users. It ended June with 4.17 million total video customers, down 5 percent from the 4.41 million it had a year earlier