Reflecting the cable industry's ever-changing revenue model, Charter Communications said it lost about 57,000 mainly video-only customers in its fourth quarter but still had strong growth in "advanced services."
The MSO said revenue grew by 3.5 percent to $1.7 billion and adjusted earnings rose 2.1 percent to $633 million driven by increases in high-speed data (up 9 percent to $378 million) and telephony (up 18 percent to $184 million) revenue in the period.
Charter added 43,000 digital subscribers, 52,000 HSD subs and 61,000 phone customers during the period.
- see this article from MCN
Charter exits bankruptcy protection
Charter has been inching toward its bankruptcy exit
Charter filed for bankruptcy protection last spring