Basic sub count falls but business grows at Charter

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.

For more:
- see this article from MCN

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