The broadband and cable TV provider has been facing stiff competition from Comcast and AT&T, as well as struggling with slowing growth in the broadband market. Charter lost 72,000 internet customers in the first quarter, compared with estimates of a loss of 56,940 internet customers, according to Visible Alpha.
Trump's FCC killed network neutrality, giving internet providers a green light to abuse consumers. Biden's FCC has corrected that error.
Comcast reports a solid start to 2024 with significant gains in Peacock subscribers and wireless customer lines, alongside stable EBITDA and strong share repurchases.