0
Broadband

Charter doubles profit in Q4 fuelled by growth at residential internet, mobile

Friday 30 April 2021 | 15:07 CET | News
US operator Charter Communications reported another set of strong results for the first quarter, with higher revenues and doubled profit. Revenues for the first quarter climbed 6.7 percent from the year before to USD 12.5 billion. Growth was driven by residential internet revenue, up 15.4 percent to USD 5.086 billion, offsetting declines of 1.8 percent and 12.6 percent at video and voice, respectively, to 4.344 billion and 399 million. Mobile revenue leaped 90.7 percent to USD 492 million but advertising revenue fell 5.8 percent to USD 344 million.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Charter Communications
Countries: United States
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Charter prices USD 1 billion offering

Published 20 Apr 2021 09:29 CET | United States
Charter Communications has priced an offering of USD 1 billion worth of senior unsecured notes due 2033. The notes will bear ...

Charter told to pay USD 19 mln in damages to Windstream for false advertising

Published 12 Apr 2021 14:55 CET | United States
Charter Communications to been told to pay USD 19 million in damages to Windstream, Fierce Telecom reported. Windstream filed a ...

Charter says most employees earn at least USD 18/hour, on way to USD 20/hour goal

Published 10 Mar 2021 11:11 CET | United States
Charter Communications said it has reached a new milestone in its commitment to raising its minimum starting wage to USD 20 per ...

Charter prices USD 3.0 billion worth of notes

Published 19 Feb 2021 09:06 CET | United States
Charter Communications has priced USD 3.0 billion worth of notes. The offering will be made up of USD 1.5 billion worth of 3.500 ...

Charter president, COO Bickham to retire at end of 2022

Published 04 Feb 2021 10:52 CET | United States
Charter Communications announced that 35-year industry veteran and president and COO John Bickham plans to retire at the end of ...

Charter to invest USD 5 billion in network expansion, with help from FCC rural fund

Published 01 Feb 2021 14:55 CET | United States
US cable operator Charter Communications plans to invest about USD 5 billion to bring gigabit broadband speeds to over 1 million ...

Charter almost doubles profit again in Q4, helped by mobile, ad revenue growth

Published 29 Jan 2021 18:26 CET | United States
US operator Charter Communications reported another strong set of figures for the fourth quarter, with an almost doubled net ...

Charter prices USD 3.0 billion worth of notes

Published 20 Nov 2020 13:33 CET | United States
US operator Charter Communications has priced USD 3.0 billion worth of notes, including USD 1.0 billion worth of senior secured ...

Charter profit doubles to USD 814 million in Q3 driven by solid customer additions

Published 30 Oct 2020 17:24 CET | United States
US operator Charter Communications more than doubled its network in the third quarter, again boosted by strong customer ...

Charter prices another USD 1.5 billion notes offering

Published 08 Oct 2020 08:59 CET | United States
The offering is part of the series priced in March, of USD 1.4 billion worth of senior unsecured notes due 2032, bearing interest ...

Charter doubles profit on strong customer additions in Q2

Published 31 Jul 2020 14:17 CET | United States
US operator Charter Communications more than doubled its net profit in the second quarter, boosted by strong customer additions ...

Charter grows revenues, profit, customer numbers in solid Q1

Published 01 May 2020 16:23 CET | United States
US operator Charter Communications reported higher results for the first quarter, boosted by past investments, CEO Tom Rutledge ...





Calendar   /   Industry Events

30 Apr KPN Q1 2021
30 Apr Digi Communications 2020 results
30 Apr Proximus Q1 2021
30 Apr Charter Communications Q1 2021
30 Apr Megacable Q1 2021
30 Apr Shentel Q1 2021
30 Apr Dtac Q1 2021
30 Apr The Things Conference
01 May The Future City
03 May Ceragon Networks Q1 2021
03 May Maxar Q1 2021
03 May ON Semiconductor Q1 2021
03 May Harmonic Q1 2021
03 May DSP Group Q1 2021
04 May T-Mobile US Q1 2021
04 May WOW! Q1 2021
04 May Infinera Q1 2021
04 May Akamai Q1 2021
04 May McAfee Q1 2021
04 May Viavi fiscal Q3 results
04 May Starhub Q1 2021
04 May RingCentral Q1 2021
04 May Arista Networks Q1 2021
04 May Telenor Q1 2021
04 May 6G Symposium
05 May WANdisco FY results
05 May Smith Micro Software Q1 2021
05 May Aviat Networks fiscal Q3
05 May Liberty Latin America Q1 2021
05 May Dell Technologies World
::: More Calendar Items