BUZZ-Charter Communications rises on Q4 subscriber growth
ReutersJan 31, 2025 3:30 PM
Broadband and cable TV provider Charter Communications' CHTR.O shares rise 4.1% to $350.13
Company's Q4 revenue rises about 2% to $13.93 bln vs est $13.88 bln - LSEG
Results follow subscriber growth for its mobile services which can be bundled with broadband plans
Company adds 529,000 mobile lines in Q4 vs est of 520,190 additions - Visible Alpha
CHTR lost 177,000 internet customers in Q4, higher than expectations for 156,880 losses
Company sees full-year 2025 capital expenditure to be about $12 bln vs est $12.09 bln - LSEG
In 2024, Charter's shares rose 11.8%
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