Charter Communications (NASDAQ: CHTR) revealed in its fourth quarter earnings call Thursday that it's dividing its business services division into two separate units, one which will handle small- and medium-sized clients, and another that will handle larger enterprise customers.
"In the business telecom space, we recently divided our commercial service group into two groups, Spectrum business, which serves small- and medium-sized businesses, and Spectrum Enterprise, which serves large businesses and carrier customers," said Tom Rutledge, president and CEO of Charter.
"In the coming months, we will launch our new product and pricing packaging to the small and medium business segment to further accelerate market share growth," Rutledge added. "The entire business telecom market in our footprint remains a major growth opportunity for Charter and will be even greater when we close on the transaction with Comcast."
As Multichannel News noted, Charter's restructuring resembles the business services configuration of Cablevision when Rutledge served as operating chief of the MSO.
Cablevision has a unit to service small- and medium-sized business customers via hybrid fiber coaxial and another, Lightpath, which provides larger enterprise customers with fiber-based Ethernet.
- For more:
- visit Charter's investor relations page
- read this Multichannel News story
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