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    Charter Communications Inc (CHTR)

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    Charter Communications, Inc. is a leading broadband connectivity company and cable operator serving over 32 million customers in 41 states under the Spectrum brand. The company offers a comprehensive range of residential and business services, including Internet, TV, Mobile, and Voice services . Charter's product lines include Internet, Video, Voice, Mobile Service, and others, with residential revenue being the largest segment .

    1. Internet - Provides high-speed broadband services to residential and business customers, forming the backbone of Charter's connectivity offerings.
    2. Video - Offers a variety of television services, including cable TV packages with a wide range of channels and on-demand content.
    3. Mobile Service - Delivers mobile phone services with flexible plans and nationwide coverage under the Spectrum brand.
    4. Voice - Supplies residential and business voice services, including landline and VoIP options for clear and reliable communication.
    5. Others - Encompasses additional services such as tailored advertising and production services through Spectrum Reach, and award-winning news and sports programming via Spectrum Networks.
    NamePositionExternal RolesShort Bio

    Christopher L. Winfrey

    ExecutiveBoard

    President and Chief Executive Officer

    Board member of NCTA, CableLabs, and National Urban League.

    Joined CHTR in 2010 as CFO, later COO, and became CEO in December 2022. Known for strategic leadership in financial and operational roles.

    View Report →

    Jamal H. Haughton

    Executive

    EVP, General Counsel, and Corporate Secretary

    None.

    Oversees legal and corporate governance matters. Played a key role in legal opinions and corporate filings, including stock incentive plans.

    Jessica M. Fischer

    Executive

    Chief Financial Officer

    None.

    Joined CHTR in 2017 as Corporate Treasurer, later EVP Finance, and became CFO in October 2021. Oversees financial strategy and capital markets.

    Kevin D. Howard

    Executive

    EVP, Chief Accounting Officer, and Controller

    None.

    Oversees accounting and financial reporting. No additional details on prior roles or achievements provided.

    Richard J. DiGeronimo

    Executive

    President, Product and Technology

    Board member of Adaptive Spirit.

    Joined CHTR in 2008, held various leadership roles in product and strategy, and became President, Product and Technology in December 2022.

    Balan Nair

    Board

    Independent Director

    CEO of Liberty Latin America; Board member at Adtran Corporation.

    Director since 2013, significant expertise in telecommunications and technology. Former CTO of Liberty Global.

    Carolyn J. Slaski

    Board

    Independent Director

    Board member of TELUS International.

    Director since 2024, former Vice-Chair of Talent at EY LLP. Extensive experience in audit and consulting.

    David C. Merritt

    Board

    Independent Director

    Director at Taylor Morrison Home Corporation.

    Director since 2003, extensive experience in accounting and corporate governance. Former audit partner at KPMG.

    Eric L. Zinterhofer

    Board

    Non-Executive Chairman of the Board

    Founder of Searchlight Capital Partners; Director at Univision Holdings, Ziply Fiber, and Liberty Latin America.

    Director since 2009, extensive experience in financial advisory and telecommunications industries. Became Non-Executive Chairman in November 2023.

    Gregory B. Maffei

    Board

    Independent Director

    CEO of Liberty Media, Liberty Broadband, and other Liberty entities; Chairman of Sirius XM, Live Nation, and others.

    Director since 2013, extensive experience in media, technology, and public company leadership.

    James E. Meyer

    Board

    Independent Director

    Vice Chairman of Sirius XM; Former CEO of Sirius XM.

    Director since 2018, extensive experience in media and technology industries. Former CEO of Sirius XM.

    John D. Markley, Jr.

    Board

    Independent Director

    Managing Director of Bear Creek Capital; Director at Interdigital, Inc..

    Director since 2009, significant experience in communications and technology investments.

    Kim C. Goodman

    Board

    Independent Director

    CEO of Smarsh, Inc..

    Director since 2016, extensive experience in software, networking, and financial services. Former executive at Fiserv and AMEX.

    Mauricio Ramos

    Board

    Independent Director

    CEO of Millicom; Chair of U.S.-Colombia Business Council; Commissioner at Broadband Commission.

    Director since 2016, extensive experience in telecommunications and broadband development. CEO of Millicom since 2015.

    Michael A. Newhouse

    Board

    Independent Director

    Co-President of Advance; Trustee of Advance Long-Term Management Trust.

    Director since 2016, extensive experience in media and technology industries. Co-President of Advance, a private investment company.

    Steven A. Miron

    Board

    Independent Director

    Director at Warner Bros. Discovery and C-SPAN.

    Director since 2016, former CEO of Bright House Networks. Extensive experience in cable television and media industries.

    W. Lance Conn

    Board

    Independent Director

    None.

    Director since 2004, extensive experience in media and investment industries. Former President of Vulcan Capital.

    1. Given the loss of the Affordable Connectivity Program and its significant impact on broadband subscriber numbers, how does the company plan to mitigate this loss in the long term? What strategies are in place to replace the retention benefits previously provided by ACP, especially considering the potential for higher churn rates among low-income customers?

    2. You mentioned that your 2024 capital expenditures guidance has been reduced due to lower customer net additions and the impact of the end of ACP. Can you elaborate on how this reduction in CapEx might affect your long-term network evolution initiatives and competitive positioning, particularly in light of increasing competition from fiber overbuilds and fixed wireless access providers?

    3. In your prepared remarks, you highlighted that your standalone mobile adjusted EBITDA was positive for the first time, even after subscriber acquisition costs. Can you provide more details on the sustainability of mobile profitability, especially considering the increasingly competitive mobile market and aggressive promotions from other carriers?

    4. Regarding the hybrid direct-to-consumer linear model and inclusion of streaming services like Paramount+, Disney+, and others into your video packages, how confident are you that these partnerships will stabilize or grow your video segment? What metrics will you use to assess the success of this strategy over the next few quarters?

    5. With the expansion of open-access fiber networks and potential increased competition from wholesalers and other converged players, how do you plan to defend your market share and margins in the face of these emerging competitive threats? Specifically, what strategies are you implementing to address the risks posed by these new market entrants?

    Program DetailsProgram 1
    Approval DateN/A
    End Date/DurationN/A
    Total Additional AmountN/A
    Remaining Authorization$599 million
    DetailsCharter has been actively purchasing shares of its Class A common stock since September 2016. As of September 30, 2024, Charter has purchased approximately 162.3 million shares for approximately $73.3 billion.
    YearAmount Due (in millions)Debt TypeInterest Rate% of Total Debt
    2025$1,799 4.908% Senior Notes 4.908% 1.9% = (1,799M / 93,800M) * 100
    2026$1,850 6.150% Senior Notes 6.150% 2.0% = (1,850M / 93,800M) * 100
    2027$3,250 5.125% Senior Notes 5.125% 3.5% = (3,250M / 93,800M) * 100
    2028$4,750 3.750% Senior Notes 3.750% 5.1% = (4,750M / 93,800M) * 100
    2029$6,750 2.250% Senior Notes 2.250% 7.2% = (6,750M / 93,800M) * 100
    2030$10,300 4.750% Senior Notes 4.750% 11.0% = (10,300M / 93,800M) * 100
    2031$6,825 4.250% Senior Notes 4.250% 7.3% = (6,825M / 93,800M) * 100
    2032$8,000 4.750% Senior Notes 4.750% 8.5% = (8,000M / 93,800M) * 100
    2033$2,750 4.500% Senior Notes 4.500% 2.9% = (2,750M / 93,800M) * 100
    2034$6,800 4.250% Senior Notes 4.250% 7.2% = (6,800M / 93,800M) * 100
    2035$2,000 6.384% Senior Notes 6.384% 2.1% = (2,000M / 93,800M) * 100
    2038$2,300 5.375% Senior Notes 5.375% 2.5% = (2,300M / 93,800M) * 100
    2041$1,500 3.500% Senior Notes 3.500% 1.6% = (1,500M / 93,800M) * 100
    2042$2,350 3.500% Senior Notes 3.500% 2.5% = (2,350M / 93,800M) * 100
    2045$3,500 6.484% Senior Notes 6.484% 3.7% = (3,500M / 93,800M) * 100
    2047$2,500 5.375% Senior Notes 5.375% 2.7% = (2,500M / 93,800M) * 100
    2048$2,450 5.750% Senior Notes 5.750% 2.6% = (2,450M / 93,800M) * 100
    2049$1,250 5.125% Senior Notes 5.125% 1.3% = (1,250M / 93,800M) * 100
    2050$2,800 4.800% Senior Notes 4.800% 3.0% = (2,800M / 93,800M) * 100
    2051$2,050 3.700% Senior Notes 3.700% 2.2% = (2,050M / 93,800M) * 100
    2052$2,400 3.900% Senior Notes 3.900% 2.6% = (2,400M / 93,800M) * 100
    2053$1,500 5.250% Senior Notes 5.250% 1.6% = (1,500M / 93,800M) * 100
    2055$500 6.834% Senior Notes 6.834% 0.5% = (500M / 93,800M) * 100
    2061$3,250 3.850% Senior Notes 3.850% 3.5% = (3,250M / 93,800M) * 100
    2062$1,400 3.950% Senior Notes 3.950% 1.5% = (1,400M / 93,800M) * 100
    2063$1,000 5.500% Senior Notes 5.500% 1.1% = (1,000M / 93,800M) * 100

    Competitors mentioned in the company's latest 10K filing.

    CompanyDescription

    Our residential Internet service faces competition from fiber-to-the-home ("FTTH") services, and this competitor is one of our primary FTTH competitors, delivering 1 Gbps broadband speed (and some deliver multi Gbps) in at least a portion of their footprints which overlap our footprint. They also continue to expand 5G mobile services and offer wireline video services in significant portions of our operating areas.

    Our residential Internet service faces competition from fiber-to-the-home ("FTTH") services, and this competitor is one of our primary FTTH competitors, delivering 1 Gbps broadband speed (and some deliver multi Gbps) in at least a portion of their footprints which overlap our footprint.

    Our residential Internet service faces competition from fiber-to-the-home ("FTTH") services, and this competitor is one of our primary FTTH competitors, delivering 1 Gbps broadband speed (and some deliver multi Gbps) in at least a portion of their footprints which overlap our footprint. They also offer wireline video services in significant portions of our operating areas and continue to expand 5G mobile services.

    Our mobile service faces competition from national mobile network operators, including this competitor, which continues to expand 5G mobile services and offers wireless Internet services delivered over networks which they continue to enhance to deliver faster speeds.

    YouTube TV

    Our residential video service faces growing competition from virtual MVPDs, including this service, which deliver linear network programming, movies, and television shows on demand over broadband Internet connections.

    Hulu Live

    Our residential video service faces growing competition from virtual MVPDs, including this service, which deliver linear network programming, movies, and television shows on demand over broadband Internet connections.

    Sling TV

    Our residential video service faces growing competition from virtual MVPDs, including this service, which deliver linear network programming, movies, and television shows on demand over broadband Internet connections.

    Philo

    Our residential video service faces growing competition from virtual MVPDs, including this service, which deliver linear network programming, movies, and television shows on demand over broadband Internet connections.

    DirecTV Stream

    Our residential video service faces growing competition from virtual MVPDs, including this service, which deliver linear network programming, movies, and television shows on demand over broadband Internet connections.

    Our residential video service faces competition from subscription video on demand ("SVOD") services, including this service, which offer movies and television shows on demand over broadband Internet connections.

    Our residential video service faces competition from subscription video on demand ("SVOD") services, including this service, which offer movies and television shows on demand over broadband Internet connections.

    Our residential video service faces competition from subscription video on demand ("SVOD") services, including this service, which offer movies and television shows on demand over broadband Internet connections.

    Hulu Plus

    Our residential video service faces competition from subscription video on demand ("SVOD") services, including this service, which offer movies and television shows on demand over broadband Internet connections.

    Max

    Our residential video service faces competition from programmer streaming applications, including this service, which offer movies and television shows on demand over broadband Internet connections.

    Our residential video service faces competition from programmer streaming applications, including this service, which offer movies and television shows on demand over broadband Internet connections.

    Peacock

    Our residential video service faces competition from programmer streaming applications, including this service, which offer movies and television shows on demand over broadband Internet connections.

    Our residential video service faces competition from programmer streaming applications, including this service, which offer movies and television shows on demand over broadband Internet connections.

    YouTube

    Our residential video service faces competition from ad-supported free online video products, including this service, which offer programming for free to consumers that we currently purchase for a fee.

    Pluto TV

    Our residential video service faces competition from ad-supported free online video products, including this service, which offer programming for free to consumers that we currently purchase for a fee.

    DISH Network Corporation

    Our residential video service faces competition from DBS service providers, including this provider, which have a national footprint and offer satellite-delivered pre-packaged programming services.

    DIRECTV

    Our residential video service faces competition from DBS service providers, including this provider, which have a national footprint and offer satellite-delivered pre-packaged programming services.

    Engaged in competitive video programming distribution and high-speed Internet access services, including Google Fiber and YouTube TV.

    Engaged in competitive video programming distribution, including Amazon Prime.

    Engaged in competitive video programming distribution, including Apple TV+.

    Astound Broadband

    Engaged in competitive video programming distribution and high-speed Internet access services.

    Cincinnati Bell Inc.

    Engaged in competitive video programming distribution and high-speed Internet access services, including Hawaiian Telecom.

    Engaged in competitive video programming distribution and high-speed Internet access services, including Peacock.

    Cox Communications, Inc.

    Engaged in competitive video programming distribution and high-speed Internet access services.

    Engaged in competitive video programming distribution, including Sling Media.

    Engaged in competitive video programming distribution.

    Engaged in competitive video programming distribution and high-speed Internet access services.

    Engaged in competitive video programming distribution.

    Engaged in competitive video programming distribution, including Xbox.

    Engaged in competitive video programming distribution.

    Engaged in competitive video programming distribution, including Paramount+ and Pluto TV.

    Public Broadcasting Service

    Engaged in competitive video programming distribution.

    Engaged in competitive video programming distribution.

    Sony Corporation of America

    Engaged in competitive video programming distribution, including Sony Interactive Entertainment and PlayStation.

    Engaged in competitive video programming distribution, including ABC, Disney+, ESPN, and Hulu.

    Engaged in competitive video programming distribution and high-speed Internet access services.

    NameStart DateEnd DateReason for Change
    KPMG LLP2002 PresentCurrent auditor

    Recent press releases and 8-K filings for CHTR.

    Charter Communications Reports Q1 2025 Results
    CHTR
    Earnings
    Revenue Acceleration/Inflection
    Share Buyback
    • Q1 2025 Financial Highlights: Revenue reached $13.7 billion (up 0.4% YoY), Adjusted EBITDA increased by 4.8% YoY to $5.8 billion, and Net income was $1.2 billion .
    • Mobile Growth: Added 514,000 mobile lines in Q1 (with over 500,000 Spectrum Mobile lines in Q1 and more than 2.1 million lines over the past year), bringing the total to 10.4 million and establishing Charter as the fastest-growing U.S. mobile provider .
    • Share Repurchase: Executed a buyback of 2.1 million shares for approximately $751 million as part of an ongoing repurchase program .
    • Investments: Reported $2.4 billion in capital expenditures with free cash flow improving to $1.6 billion .
    • Internet & Revenue Composition: Total Internet customers declined by 60,000 to 30.0 million, with growth driven by residential mobile (33.5%), residential Internet (1.8%), and other revenues, partially offset by lower video and advertising sales .
    • Strategic Initiatives: Launched the Life Unlimited brand refresh and competitive bundled pricing to boost customer retention and support long-term broadband growth .
    Apr 25, 2025, 12:31 PM
    Charter Communications Outlines Strategic Investments and New Bundling Initiatives
    CHTR
    New Projects/Investments
    M&A
    Product Launch
    • Significant network investments are underway including a major CapEx cycle with plans to build 450,000 rural passings and accelerate the network evolution towards distributed access architecture.
    • The launch of Life Unlimited is a key strategic move aimed at driving bundled product uptake, improving ARPU, and enhancing tier take rates across broadband and mobile services.
    • The company is leveraging its convergence strategy by integrating high-speed broadband with robust mobile offerings, which has led to strong mobile net adds and improved relative churn metrics.
    • Updated CapEx guidance projects a peak of approximately $12 billion in 2025 and a return to steady state below $8 billion by 2028, alongside maintaining target leverage in conjunction with the Liberty Broadband merger and prioritizing accretive M&A.
    Mar 10, 2025, 5:01 PM