Estimates for Charter’s Q4 2018 Video Customer Acquisitions

What’s Expected for Charter Communications’ Q4 2018 Results (Continued from Prior Part) ## Charter’s video subscribers in Q4 2018 In the fourth quarter, analysts expect Charter Communications (CHTR) to report a net loss of video customers, due to stiff competition from low-cost video streaming services. In the third quarter, Charter lost 66,000 net residential video customers, compared with 104,000 in the same quarter of 2017. The company’s residential video subscriber base shrank ~1.6% YoY (year-over-year) to 16.1 million. US cable operator Comcast (CMCSA) lost 95,000 net residential video subscribers in the quarter ended September 30, and Frontier Communications (FTR) lost 37,000. ## Over-the-top market Pay-TV operators, including Charter, are losing subscribers due to cord cutting. Customers are opting for lower-cost OTT (over-the-top) offerings, which provide content to consumers over the Internet, instead of cable TV or satellite connections. Alphabet’s YouTube TV, Amazon’s Prime Video, and Netflix (NFLX) are leading OTT providers. In the quarter ended September 30, Netflix gained 7 million subscribers worldwide. Continue to Next Part Browse this series on Market Realist: * Part 1 - What’s Expected for Charter Communications’ Q4 2018 Results * Part 2 - Charter’s Q4 2018 Revenue: Analysts’ Expectations * Part 3 - A Look at Charter’s Expected EBITDA Growth in Q4 2018